Hospice Choice Inc

Analysis

Hospice Choice Inc is a registered charity in United States, based in Norton, VA. It received its IRS tax-exemption ruling in December 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Hospice Choice Inc reported income of $680k and spending of $652k, spending 96% of its income. Across the 5 years on record, from December 2018 to December 2022, income fell from $750k to $680k (-9.4%), an average of -2.4% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hospice Choice Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within VA. Charities of a similar size with the same main cause include Leadership Greater Hartford Inc ($680k), National Black Womens Justice Institute ($680k) and Terlingua Fire & Ems Inc ($680k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 1.7% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $10k (1.5% of expenses). Other salaries and wages came to $357k. At year end it held assets of $309k against liabilities of $253k, net assets of $57k. It reported 14 employees.