Hospice Longview Inc

Analysis

Hospice Longview Inc is a registered charity in United States, based in Longview, TX. It received its IRS tax-exemption ruling in March 1986, 40 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 Longview Inc reported income of $6.8m and spending of $6.1m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.5m to $6.8m (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice Longview Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Catholic Charities of the Diocese of Fort Wayne-South Bend Inc ($6.8m), Cenla Area Agency on Aging Inc ($6.8m) and LA Soupe Inc ($6.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $191k (3.2% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $3.3m against liabilities of $773k, net assets of $2.5m. It reported 70 employees.