Hospice of Limestone County Incorporated

Analysis

Hospice of Limestone County Incorporated is a registered charity in United States, based in Athens, AL. It received its IRS tax-exemption ruling in April 1988, 38 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 2023, Hospice of Limestone County Incorporated reported income of $3.6m and spending of $2.9m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $3.6m (+76%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hospice of Limestone County Incorporated sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within AL. Charities of a similar size with the same main cause include The Trustees of the New York Society Library ($3.6m), Boy Scouts of America ($3.6m) and Ronald McDonald House of Dallas Inc ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.3% and program service revenue 97% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $4.1m against liabilities of $60k, net assets of $4.1m. It reported 38 employees.