Hospice of St Marys Inc

Analysis

Hospice of St Marys Inc is a registered charity in United States, based in Leonardtown, MD. It received its IRS tax-exemption ruling in May 2000, 26 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 June 2023, Hospice of St Marys Inc reported income of $515k and spending of $1.3m, spending 255% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $486k to $515k (+5.9%), an average of +1.4% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 151% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice of St Marys Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within MD. Charities of a similar size with the same main cause include Sleepyhead Beds ($515k), Guided Grace Family and Youth Services ($515k) and Neighbors Who Care Inc ($515k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $4.1m against liabilities of $1.3m, net assets of $2.8m.