Hendrick Hospice Care Inc

Analysis

Hendrick Hospice Care Inc is a registered charity in United States, based in Abilene, TX. It received its IRS tax-exemption ruling in October 1985, 41 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 August 2023, Hendrick Hospice Care Inc reported income of $11.6m and spending of $11.9m, spending 102% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $9.9m to $11.6m (+17%), an average of +4.0% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hendrick Hospice Care Inc sits at the 95th percentile: it is larger than about 95% 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 Village North Inc ($11.6m), Vans Kiddie Care Incorporated ($11.6m) and Bluestem Pace Inc ($11.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 4.0% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $200k (1.7% of expenses). Other salaries and wages came to $6.8m. At year end it held assets of $25.7m against liabilities of $11.7m, net assets of $14.0m. It reported 116 employees.