Home Health and Hospice Care Inc

Analysis

Home Health and Hospice Care Inc is a registered charity in United States, based in Goldsboro, NC. It received its IRS tax-exemption ruling in April 2000, 26 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Home Health and Hospice Care Inc reported income of $46.7m and spending of $51.6m, spending 110% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $38.5m to $46.7m (+21%), an average of +4.9% a year. The sharpest change came in the year to September 2021, when income rose by 22%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Home Health and Hospice Care Inc sits at the 93rd percentile: it is larger than about 93% of them. 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 American Academy of Dermatology Inc ($46.7m), Avera St Anthonys Hospital ($46.7m) and American Board of Pediatrics Inc ($46.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $840k (1.6% of expenses). Other salaries and wages came to $22.7m. At year end it held assets of $23.2m against liabilities of $7.0m, net assets of $16.2m. It reported 614 employees.