Hospice House Foundation of WNC Inc

Analysis

Hospice House Foundation of WNC Inc is a registered charity in United States, based in Franklin, NC. It received its IRS tax-exemption ruling in October 2007, 19 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 September 2023, Hospice House Foundation of WNC Inc reported income of $152k and spending of $112k, leaving 26% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $943k to $152k (-84%), an average of -37% a year. The sharpest change came in the year to September 2020, when income rose by 108%. Over the whole period it spent 14% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice House Foundation of WNC Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within NC. Charities of a similar size with the same main cause include Journey Into Hope ($152k), Developmental Services Network ($152k) and Leadership Institute of Acadiana Inc ($152k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 58% of the total. Other salaries and wages came to $26k. At year end it held assets of $5.3m against liabilities of $160k, net assets of $5.1m. It reported 1 employees.