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Richmond County Hospice Inc

RegisteredEIN 58-1678217Rockingham, NCPoverty relief
Income$6.8m2023-12
Spending$6.5msame year
Spent / received99%5-year average
Size in its cause92nd pctPoverty relief
Exempt since1986Publicly supported organisat
Employees77latest return

Analysis

Richmond County Hospice Inc is a registered charity in United States, based in Rockingham, NC. It received its IRS tax-exemption ruling in April 1986, 40 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, Richmond County Hospice Inc reported income of $6.8m and spending of $6.5m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.6m to $6.8m (+47%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Richmond County Hospice Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within NC. Charities of a similar size with the same main cause include Marjorie Doyle Rockwell Center Inc ($6.8m), Climb ($6.8m) and Brightside Up Inc ($6.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 83% of the total. Other salaries and wages came to $3.7m. At year end it held assets of $8.6m against liabilities of $540k, net assets of $8.1m. It reported 77 employees.

Income and spending

$0$1.7m$3.4m$5.1m$6.8m2019 Income: $4,590,3232019 Spending: $4,671,76820192020 Income: $5,330,3752020 Spending: $4,814,43020202021 Income: $5,316,5422021 Spending: $5,310,21820212022 Income: $5,602,6932022 Spending: $6,022,88820222023 Income: $6,762,3192023 Spending: $6,468,0242023
IncomeSpending

Where the income comes from

  • Contributions & grants 15%
  • Program services 83%
  • Other 2.6%

Similar-sized charities, same cause

CharityLocationIncome
Marjorie Doyle Rockwell Center IncCohoes$6.8m
ClimbCheyenne$6.8m
Brightside Up IncMenands$6.8m
Young Mens Christian Association of Lansing MichLansing$6.8m