Loving Home Hospice for Children Incorporated

Analysis

Loving Home Hospice for Children Incorporated is a registered charity in United States, based in Simi Valley, CA. It received its IRS tax-exemption ruling in January 2009, 17 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Loving Home Hospice for Children Incorporated reported income of $106k and spending of $104k, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $52k to $106k (+103%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 131% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Loving Home Hospice for Children Incorporated sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Oakview of New Castle ($106k), Brothers on a Quest Inc ($106k) and Trinity Health Center ($105k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $31k. At year end it held assets of $7,443 against liabilities of $80k, net assets of -$73k. It reported 5 employees.