Hernando-Pasco Hospice Inc

Analysis

Hernando-Pasco Hospice 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, Hernando-Pasco Hospice Inc reported income of $44.1m and spending of $49.3m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $40.7m to $44.1m (+8.4%), an average of +2.0% a year. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hernando-Pasco Hospice Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include Westminster Canterbury of the Blue Ridge ($44.1m), Mount Olivet Rolling Acres Inc ($44.1m) and Hospice Buffalo Inc ($44.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. Other salaries and wages came to $27.2m. At year end it held assets of $7.3m against liabilities of $2.7m, net assets of $4.6m. It reported 377 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.