Cross Timbers Hospice Inc

Analysis

Cross Timbers Hospice Inc is a registered charity in United States, based in Ardmore, OK. It received its IRS tax-exemption ruling in August 1982, 44 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 2023, Cross Timbers Hospice Inc reported income of $6.8m and spending of $6.4m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.9m to $6.8m (-1.0%), an average of -0.3% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cross Timbers Hospice Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within OK. Charities of a similar size with the same main cause include St Lawrence County Community Development Program Inc ($6.8m), The Non-Gmo Project ($6.8m) and Covenant House New Orleans ($6.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $770k (12% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $49.8m against liabilities of $138k, net assets of $49.7m. It reported 62 employees.