Hospice of Rockingham County Inc

Analysis

Hospice of Rockingham County Inc is a registered charity in United States, based in Reidsville, NC. It received its IRS tax-exemption ruling in November 1987, 39 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 September 2023, Hospice of Rockingham County Inc reported income of $10.2m and spending of $9.3m, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.6m to $10.2m (+124%), an average of +22% a year. The sharpest change came in the year to September 2020, when income rose by 38%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hospice of Rockingham County Inc sits at the 95th percentile: it is larger than about 95% 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 College Association at Delhi Inc ($10.2m), St Vincent Family Centers ($10.2m) and Tri-Cities Residential Services ($10.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $485k (5.2% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $7.8m against liabilities of $1.2m, net assets of $6.6m. It reported 98 employees.