Hospice Foundation of Acadiana

Analysis

Hospice Foundation of Acadiana is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hospice Foundation of Acadiana reported income of $1.9m and spending of $953k, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.3m to $1.9m (-15%), an average of -4.1% a year. The sharpest change came in the year to December 2020, when income dropped by 22%. Over the whole period it spent 41% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hospice Foundation of Acadiana 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 86th percentile, and in the 85th percentile within LA. Charities of a similar size with the same main cause include Cape Cod Times Neighbors Fund Inc ($1.9m), The Cart Fund Inc ($1.9m) and Moadim Uzmanim ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. Other salaries and wages came to $312k. At year end it held assets of $6.1m against liabilities of $77k, net assets of $6.0m. It reported 4 employees.