Hospice of Acadiana Inc

Analysis

Hospice of Acadiana Inc is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in November 1983, 43 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 2022, Hospice of Acadiana Inc reported income of $13.8m and spending of $13.4m, spending 97% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $8.5m to $13.8m (+64%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 66%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice of Acadiana Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within LA. Charities of a similar size with the same main cause include Ideal Senior Living Center Inc ($13.8m), Community Youth Services ($13.8m) and Indian Muslim Relief and Charities ($13.8m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 2.9% and program service revenue 97% of the total. Other salaries and wages came to $5.7m. At year end it held assets of $9.1m against liabilities of $1.1m, net assets of $7.9m. It reported 146 employees.