Hospice of McAlester Oklahoma Inc

Analysis

Hospice of McAlester Oklahoma Inc is a registered charity in United States, based in McAlester, OK. It received its IRS tax-exemption ruling in August 1991, 35 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 2022, Hospice of McAlester Oklahoma Inc reported income of $620k and spending of $964k, spending 155% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.1m to $620k (-44%), an average of -18% a year. The sharpest change came in the year to December 2021, when income dropped by 29%. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hospice of McAlester Oklahoma Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within OK. Charities of a similar size with the same main cause include Kids & Art Foundation ($620k), Cahaba Valley Health Care Incorp ($620k) and Epilepsy Services of SW FL ($620k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $84k (8.7% of expenses). Other salaries and wages came to $458k. At year end it held assets of $1.2m against liabilities of $13k, net assets of $1.2m. It reported 11 employees.