Hospice of El Paso Inc

Analysis

Hospice of El Paso Inc is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in June 1981, 45 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 of El Paso Inc reported income of $14.1m and spending of $13.5m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.7m to $14.1m (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice of El Paso Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Homeownership Preservation Foundation ($14.1m), Thornwell ($14.1m) and Kids Meals Inc ($14.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 81% of the total. Other salaries and wages came to $7.2m. At year end it held assets of $5.8m against liabilities of $1.7m, net assets of $4.1m. It reported 211 employees.