Arkansas Hospice Inc

Analysis

Arkansas Hospice Inc is a registered charity in United States, based in N Little Rock, AR. It received its IRS tax-exemption ruling in February 1993, 33 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, Arkansas Hospice Inc reported income of $36.2m and spending of $38.0m, spending 105% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $36.3m to $36.2m (-0.1%), an average of +-0.0% a year. The sharpest change came in the year to September 2021, when income rose by 18%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Arkansas Hospice Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within AR. Charities of a similar size with the same main cause include Northwest Human Services Inc ($36.2m), South Shore Young Mens Christian Association ($36.2m) and Advocates Inc ($36.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $1.1m (2.9% of expenses). Other salaries and wages came to $21.2m. At year end it held assets of $37.4m against liabilities of $9.6m, net assets of $27.9m. It reported 568 employees.