Madrone Hospice Inc

Analysis

Madrone Hospice Inc is a registered charity in United States, based in Yreka, CA. It received its IRS tax-exemption ruling in January 1986, 40 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 March 2024, Madrone Hospice Inc reported income of $3.1m and spending of $3.1m, spending 99% of its income. Across the 6 years on record, from March 2019 to March 2024, income grew from $2.4m to $3.1m (+29%), an average of +5.2% a year. The sharpest change came in the year to March 2024, when income rose by 26%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Madrone Hospice Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Family Voices ($3.1m), Boys & Girls Club of Newburgh Inc ($3.1m) and Wellspring Community ($3.1m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 10% and program service revenue 86% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $6.5m against liabilities of $150k, net assets of $6.3m. It reported 54 employees.