Hospice of North Central Oklahoma Inc

Analysis

Hospice of North Central Oklahoma Inc is a registered charity in United States, based in Ponca City, OK. It received its IRS tax-exemption ruling in June 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hospice of North Central Oklahoma Inc reported income of $2.9m and spending of $2.9m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.0m to $2.9m (-2.9%), an average of -0.7% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hospice of North Central Oklahoma Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within OK. Charities of a similar size with the same main cause include The Benefit Shop Foundation Inc ($2.9m), Society for Pediatric Anesthesia ($2.9m) and American Humanist Association ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.6% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $214k (7.3% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $5.4m against liabilities of $124k, net assets of $5.3m. It reported 36 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.