Hospice-Circle of Love Association

Analysis

Hospice-Circle of Love Association is a registered charity in United States, based in Enid, OK. It received its IRS tax-exemption ruling in August 1984, 42 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, Hospice-Circle of Love Association reported income of $2.3m and spending of $2.1m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.3m (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice-Circle of Love Association sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within OK. Charities of a similar size with the same main cause include Little Eagle Child Care Center Inc ($2.3m), Behavioral Tech Institute ($2.3m) and Affiliated Blind of Louisiana Training Center Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.8% and program service revenue 93% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $1.8m against liabilities of $118k, net assets of $1.7m. It reported 30 employees.