Hope Hospice and Community Services Inc

Analysis

Hope Hospice and Community Services Inc is a registered charity in United States, based in Temple Terr, FL. It received its IRS tax-exemption ruling in May 1983, 43 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, Hope Hospice and Community Services Inc reported income of $32.0m and spending of $31.5m, spending 98% of its income. Across the 6 years on record, from September 2019 to December 2023, income fell from $115.6m to $32.0m (-72%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 76%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Hospice and Community Services 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 Food Bank of Northeast Georgia Inc ($32.0m), Nysarc Inc ($32.0m) and Mercy Drive Inc ($32.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.9% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $223k (0.7% of expenses). Other salaries and wages came to $10.5m. At year end it held assets of $95.3m against liabilities of $15.4m, net assets of $79.9m. It reported 946 employees.