Russell Murray Hospice

Analysis

Russell Murray Hospice is a registered charity in United States, based in El Reno, OK. It received its IRS tax-exemption ruling in January 1990, 36 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 October 2023, Russell Murray Hospice reported income of $5.9m and spending of $5.5m, spending 93% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $4.2m to $5.9m (+39%), an average of +8.6% a year. The sharpest change came in the year to October 2021, when income rose by 38%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Russell Murray Hospice 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 93rd percentile, and in the 94th percentile within OK. Charities of a similar size with the same main cause include Midland County Council on Aging ($5.9m), Crystal Oaks Long Term Care ($5.9m) and Meals on Wheels of Metro Tulsa Inc ($5.9m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 1.1% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $254k (4.6% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $2.6m against liabilities of $839k, net assets of $1.7m. It reported 77 employees.