Hospice Foundation of the South Inc

Analysis

Hospice Foundation of the South Inc is a registered charity in United States, based in Slidell, LA. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2023, Hospice Foundation of the South Inc reported income of $517k and spending of $396k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $512k to $517k (+1.0%), an average of +0.2% a year. The sharpest change came in the year to December 2022, when income rose by 105%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hospice Foundation of the South Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within LA. Charities of a similar size with the same main cause include P T I Nebraska ($517k), San Diego Therapy Center Inc ($518k) and Pregnancy Care Center of Union County ($517k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 107% of the total. Compensation of current officers, directors and key employees was $64k (16% of expenses). Other salaries and wages came to $51k. At year end it held assets of $3.2m against liabilities of $17k, net assets of $3.1m. It reported 2 employees.