Avow Hospice Inc

Analysis

Avow Hospice Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in June 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, Avow Hospice Inc reported income of $31.5m and spending of $30.2m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $24.1m to $31.5m (+31%), an average of +6.9% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Avow Hospice 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 Alexander Youth Network ($31.5m), Young Mens Christian Association of the Fox Cities Inc ($31.5m) and Human Resource Development Council of District IX Inc ($31.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.8% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $1.5m (4.9% of expenses). Other salaries and wages came to $14.7m. At year end it held assets of $34.4m against liabilities of $2.9m, net assets of $31.6m. It reported 324 employees.