Hospice & Palliative Carecenter

Analysis

Hospice & Palliative Carecenter is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in January 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 Carecenter reported income of $39.5m and spending of $38.3m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $30.8m to $39.5m (+28%), an average of +6.4% 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 Carecenter 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 Arnies Army Charitable Events Foundation Inc ($39.4m), Community Living Options Inc ($39.5m) and United Cerebral Palsy of Southern Arizona Inc ($39.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $830k (2.2% of expenses). Other salaries and wages came to $18.9m. It paid $40k in professional fundraising fees. At year end it held assets of $47.1m against liabilities of $4.1m, net assets of $43.0m. It reported 457 employees.