Hospice of Laramie

Analysis

Hospice of Laramie is a registered charity in United States, based in Laramie, WY. It received its IRS tax-exemption ruling in April 1983, 43 years ago. 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 Laramie reported income of $2.0m and spending of $1.7m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $992k to $2.0m (+101%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 99%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hospice of Laramie sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 91st percentile within WY. Charities of a similar size with the same main cause include Howard County Youth Program Inc ($2.0m), Amare ($2.0m) and Orchard Valley Youth Soccer League ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 72% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $4.2m against liabilities of $169k, net assets of $4.0m. It reported 38 employees.