Texas Hospice Organization Inc

Analysis

Texas Hospice Organization Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in August 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Texas Hospice Organization Inc reported income of $855k and spending of $638k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $589k to $855k (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Texas Hospice Organization Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Growthskills Foundation ($855k), Plymouth Childrens Center Inc ($855k) and Tulsans Operating in Unity Creating Hope Inc ($855k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.5% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $128k (20% of expenses). Other salaries and wages came to $207k. At year end it held assets of $2.2m against liabilities of $293k, net assets of $1.9m. It reported 4 employees.