Catholic Hospice Inc

Analysis

Catholic Hospice Inc is a registered charity in United States, based in Miami Lakes, FL. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Catholic Hospice Inc reported income of $63.4m and spending of $62.1m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $45.0m to $63.4m (+41%), an average of +8.9% a year. The sharpest change came in the year to September 2020, when income rose by 23%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Catholic Hospice Inc sits at the 99th percentile: it is one of the largest 1% in its cause. 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 Ability Beyond Disability Inc ($63.4m), Rogue Valley Manor ($63.4m) and St Hope Foundation Inc ($63.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.1m (1.7% of expenses). Other salaries and wages came to $23.5m. At year end it held assets of $34.6m against liabilities of $14.6m, net assets of $20.0m. It reported 552 employees.