Hospice of Health First Inc

Analysis

Hospice of Health First Inc is a registered charity in United States, based in Rockledge, FL. It received its IRS tax-exemption ruling in July 1979, 47 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 Health First Inc reported income of $21.4m and spending of $19.6m, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $18.0m to $21.4m (+19%), an average of +4.5% a year. The sharpest change came in the year to September 2020, when income rose by 17%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice of Health First Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Handicapped Childrens Association of Southern New York Inc ($21.4m), Union Gospel Mission Association of St Paul ($21.5m) and The National Restaurant Association Educational Foundation ($21.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.3% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $475k (2.4% of expenses). Other salaries and wages came to $9.9m. At year end it held assets of $33.7m against liabilities of $5.5m, net assets of $28.3m.