Hospice Austin

Analysis

Hospice Austin is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in October 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 Austin reported income of $31.2m and spending of $31.6m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $31.2m to $31.2m (-0.2%), an average of -0.1% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice Austin sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Total Action Against Poverty in Roanoke Valley ($31.2m), Young Mens Christian Association of Greater Pittsburgh ($31.3m) and Guild of St Agnes of Worcester Inc ($31.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $140k (0.4% of expenses). Other salaries and wages came to $15.4m. At year end it held assets of $16.0m against liabilities of $2.9m, net assets of $13.1m. It reported 318 employees.