Concordia Hospice of Washington

Analysis

Concordia Hospice of Washington is a registered charity in United States, based in Cabot, PA. It received its IRS tax-exemption ruling in June 2017, 9 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 June 2023, Concordia Hospice of Washington reported income of $5.0m and spending of $4.5m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.1m to $5.0m (+63%), an average of +13% a year. The sharpest change came in the year to June 2020, when income rose by 53%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Concordia Hospice of Washington sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include The Relatives Inc ($5.0m), Community Connections Inc ($5.0m) and Braver Angels Inc ($5.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.2% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $150k (3.3% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $2.8m against liabilities of $323k, net assets of $2.5m. It reported 64 employees.