Hospice of St Francis Inc

Analysis

Hospice of St Francis Inc is a registered charity in United States, based in Titusville, FL. It received its IRS tax-exemption ruling in April 1990, 36 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 St Francis Inc reported income of $31.8m and spending of $34.6m, spending 109% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $28.5m to $31.8m (+11%), an average of +2.8% a year. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice of St Francis Inc sits at the 98th 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 98th percentile within FL. Charities of a similar size with the same main cause include Milwaukee Catholic Home Inc ($31.8m), The Seeing Eye Inc ($31.8m) and Kennedy-Donovan Center Inc ($31.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.3% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $1.9m (5.5% of expenses). Other salaries and wages came to $16.2m. At year end it held assets of $22.6m against liabilities of $5.1m, net assets of $17.5m. It reported 367 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.