Hospice & Palliative Care Charlotte Region

Analysis

Hospice & Palliative Care Charlotte Region is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in March 1979, 47 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hospice & Palliative Care Charlotte Region reported income of $87.7m and spending of $83.6m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $65.2m to $87.7m (+34%), an average of +7.7% a year. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice & Palliative Care Charlotte Region 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 NC. Charities of a similar size with the same main cause include Acacia Center for Justice ($87.6m), Hospice of the Western Reserve Inc ($87.8m) and Urban Resource Institute ($87.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.1% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $2.5m (3.0% of expenses). Other salaries and wages came to $38.7m. At year end it held assets of $89.4m against liabilities of $14.8m, net assets of $74.6m. It reported 728 employees.