Hospice Cup Inc

Analysis

Hospice Cup Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in September 1983, 43 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, Hospice Cup Inc reported income of $153k and spending of $143k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $103k to $153k (+49%), an average of +49% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice Cup Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within MD. Charities of a similar size with the same main cause include Growingsoul Inc ($153k), Save-The-Child Ministries Inc ($153k) and The Princess Project ($153k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.