Gilchrist Hospice Care Inc

Analysis

Gilchrist Hospice Care Inc is a registered charity in United States, based in Hunt Valley, MD. It received its IRS tax-exemption ruling in October 1994, 32 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Gilchrist Hospice Care Inc reported income of $81.2m and spending of $72.7m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $75.4m to $81.2m (+7.6%), an average of +1.9% a year. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gilchrist Hospice Care Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MD. Charities of a similar size with the same main cause include B H R a G S Homecare Inc ($81.1m), Community Health Centers Inc ($81.2m) and Cumberland University ($81.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.6% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $1.3m (1.8% of expenses). Other salaries and wages came to $41.5m. At year end it held assets of $238.6m against liabilities of $35.1m, net assets of $203.5m. It reported 736 employees.