Hospice of Surry County Inc

Analysis

Hospice of Surry County Inc is a registered charity in United States, based in Dobson, NC. It received its IRS tax-exemption ruling in May 1983, 43 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 September 2023, Hospice of Surry County Inc reported income of $38.6m and spending of $38.9m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $27.8m to $38.6m (+39%), an average of +8.6% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice of Surry County Inc sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within NC. Charities of a similar size with the same main cause include Parents in Community Action ($38.6m), Citizen Care Inc ($38.7m) and Tri-County Community Action Agency ($38.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 2.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $397k (1.0% of expenses). Other salaries and wages came to $18.3m. At year end it held assets of $22.8m against liabilities of $8.8m, net assets of $14.1m. It reported 481 employees.