Hospice of West Alabama Inc

Analysis

Hospice of West Alabama Inc is a registered charity in United States, based in Tuscaloosa, AL. It received its IRS tax-exemption ruling in December 1980, 46 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, Hospice of West Alabama Inc reported income of $9.2m and spending of $8.8m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.3m to $9.2m (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2023, when income rose by 30%. 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, Hospice of West Alabama Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within AL. Charities of a similar size with the same main cause include Peak Community Services Inc ($9.2m), Riverside Foundation ($9.2m) and Union Mission ($9.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.4% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $424k (4.8% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $8.6m against liabilities of $522k, net assets of $8.1m. It reported 85 employees.