Compass Regional Hospice Inc

Analysis

Compass Regional Hospice Inc is a registered charity in United States, based in Centreville, MD. It received its IRS tax-exemption ruling in June 1986, 40 years ago. 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, Compass Regional Hospice Inc reported income of $7.8m and spending of $7.7m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.9m to $7.8m (-0.3%), an average of -0.1% a year. The sharpest change came in the year to December 2020, when income rose by 41%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Compass Regional Hospice Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MD. Charities of a similar size with the same main cause include The Berkeley School ($7.8m), Loveland-Symmes Fire Department Inc ($7.8m) and Evangelical Lutheran Church in America ($7.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 87% of the total. Other salaries and wages came to $4.4m. At year end it held assets of $11.4m against liabilities of $1.7m, net assets of $9.7m. It reported 99 employees.