Friends of Hospice Inc

Analysis

Friends of Hospice Inc is a registered charity in United States, based in Easton, MD. It received its IRS tax-exemption ruling in July 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Hospice Inc reported income of $83k and spending of $75k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $54k to $83k (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Hospice Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within MD. Charities of a similar size with the same main cause include Evergreen Park Fire Fighters Inc ($83k), St Clair Shores Firefighters Fund ($83k) and Thousand Oaks Rotary Foundation ($83k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.5% of the total. At year end it held assets of $106k against liabilities of $1,671, net assets of $104k.