Hospice & Palliative Care of the Blue Ridge Inc

Analysis

Hospice & Palliative Care of the Blue Ridge Inc is a registered charity in United States, based in Spruce Pine, NC. It received its IRS tax-exemption ruling in August 1986, 40 years ago. 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 & Palliative Care of the Blue Ridge Inc reported income of $11.4m and spending of $10.4m, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $7.5m to $11.4m (+53%), an average of +11% a year. The sharpest change came in the year to September 2020, when income rose by 48%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hospice & Palliative Care of the Blue Ridge Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NC. Charities of a similar size with the same main cause include Valencia College Foundation ($11.4m), Suwannee River Economic Council Inc ($11.4m) and Carl Fenichel Community Services Inc ($11.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Other salaries and wages came to $5.4m. At year end it held assets of $3.0m against liabilities of $366k, net assets of $2.7m. It reported 195 employees.