Hospice of Washington County Inc

Analysis

Hospice of Washington County Inc is a registered charity in United States, based in Hagerstown, MD. It received its IRS tax-exemption ruling in October 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hospice of Washington County Inc reported income of $13.4m and spending of $14.9m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $14.3m to $13.4m (-6.9%), an average of -1.8% a year. The sharpest change came in the year to December 2022, when income dropped by 19%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice of Washington County Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MD. Charities of a similar size with the same main cause include Rocket Giving Fund ($13.3m), Opportunities Inc ($13.4m) and Partners for Kids and Families Inc ($13.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $609k (4.1% of expenses). Other salaries and wages came to $7.4m. At year end it held assets of $22.2m against liabilities of $6.2m, net assets of $15.9m. It reported 152 employees.