Forefront Living Hospice

Analysis

Forefront Living Hospice is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in May 1965, 61 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 2023, Forefront Living Hospice reported income of $22.4m and spending of $26.9m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $17.9m to $22.4m (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Forefront Living Hospice sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Ohio North East Health Systems Inc ($22.4m), Charlotte Behavioral Health Care Inc ($22.4m) and Regional Firstcare Inc ($22.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.0% and program service revenue 90% of the total. Other salaries and wages came to $11.4m. At year end it held assets of $38.5m against liabilities of $1.3m, net assets of $37.2m. It reported 236 employees.