Capital Hospice

Analysis

Capital Hospice is a registered charity in United States, based in Temple Terr, FL. It received its IRS tax-exemption ruling in April 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Capital Hospice reported income of $91.9m and spending of $95.1m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $97.3m to $91.9m (-5.5%), an average of -1.4% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Capital Hospice sits at the 100th 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 FL. Charities of a similar size with the same main cause include Hosparus Inc ($91.4m), YMCA of Greater Charlotte ($92.1m) and Abraxas Alliance Inc ($91.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.3% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $2.8m (3.0% of expenses). Other salaries and wages came to $41.4m. At year end it held assets of $78.7m against liabilities of $41.2m, net assets of $37.5m. It reported 777 employees.