Hospice of the Golden Isles Inc

Analysis

Hospice of the Golden Isles Inc is a registered charity in United States, based in Brunswick, GA. It received its IRS tax-exemption ruling in April 1982, 44 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 the Golden Isles Inc reported income of $5.8m and spending of $7.4m, spending 127% of what it took in. Across the 5 years on record, from December 2019 to September 2023, income fell from $8.7m to $5.8m (-33%), an average of -9.4% a year. The sharpest change came in the year to September 2023, when income dropped by 30%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice of the Golden Isles Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within GA. Charities of a similar size with the same main cause include African Community Economic Development of New England ($5.8m), Bridges Community Treatment Services Inc ($5.9m) and Young Mens Christian Association of Athens Georgia ($5.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 10% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $219k (3.0% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $7.3m against liabilities of $932k, net assets of $6.4m. It reported 127 employees.