Hospice of the Treasure Coast Inc

Analysis

Hospice of the Treasure Coast Inc is a registered charity in United States, based in Stuart, FL. It received its IRS tax-exemption ruling in October 1982, 44 years ago. 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 the Treasure Coast Inc reported income of $24.9m and spending of $23.7m, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $13.6m to $24.9m (+83%), an average of +16% a year. The sharpest change came in the year to September 2020, when income rose by 27%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hospice of the Treasure Coast 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 R Club Child Care Inc ($24.9m), Woodward Youth Corporation ($24.9m) and Christ in Youth Inc ($24.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.9% and program service revenue 98% of the total. At year end it held assets of $7.5m against liabilities of $592k, net assets of $6.9m.