Hospice Care of Middletown Inc

Analysis

Hospice Care of Middletown Inc is a registered charity in United States, based in Middletown, OH. It received its IRS tax-exemption ruling in January 2005, 21 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 Care of Middletown Inc reported income of $4.8m and spending of $4.4m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $4.8m (+114%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice Care of Middletown Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include American Youth Hostels-Chicago Inc ($4.8m), Dallas Center Inc ($4.8m) and Second Mile Misson Center ($4.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.7% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $108k (2.4% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $5.5m against liabilities of $302k, net assets of $5.2m. It reported 40 employees.