Hospice in the Pines Inc

Analysis

Hospice in the Pines Inc is a registered charity in United States, based in Lufkin, TX. It received its IRS tax-exemption ruling in September 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 in the Pines Inc reported income of $7.1m and spending of $7.4m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.8m to $7.1m (+22%), an average of +5.2% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice in the Pines Inc sits at the 93rd 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 Lifestream Complete Senior Living Inc ($7.1m), Kidsvoice Pennsylvania Inc ($7.1m) and Jefferson Council on Aging ($7.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.2% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $131k (1.8% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $5.8m against liabilities of $590k, net assets of $5.2m. It reported 107 employees.