Sanctuary Hospice House Inc

Analysis

Sanctuary Hospice House Inc is a registered charity in United States, based in Tupelo, MS. It received its IRS tax-exemption ruling in July 2001, 25 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, Sanctuary Hospice House Inc reported income of $7.4m and spending of $7.9m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.2m to $7.4m (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sanctuary Hospice House Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within MS. Charities of a similar size with the same main cause include Marin Agricultural Land Trust ($7.4m), Young Mens Christian Association of the Cedar Rapids Metropolitan Area ($7.4m) and Tandem Northwest Inc ($7.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.7% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $280k (3.6% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $7.8m against liabilities of $615k, net assets of $7.2m. It reported 162 employees.