Bristol Home Care and Hospice Agency Inc

Analysis

Bristol Home Care and Hospice Agency Inc is a registered charity in United States, based in Bristol, CT. It received its IRS tax-exemption ruling in August 2018, 8 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 September 2023, Bristol Home Care and Hospice Agency Inc reported income of $6.5m and spending of $6.1m, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.2m to $6.5m (+436%), an average of +52% a year. The sharpest change came in the year to September 2020, when income rose by 361%. Over the whole period it spent 123% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bristol Home Care and Hospice Agency Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within CT. Charities of a similar size with the same main cause include Healthy Mothers Healthy Babies Coalition of Palm Beach County Inc ($6.5m), Aetna Hose Hook and Ladder Company of Newark Delaware ($6.5m) and Nexleaf Analytics ($6.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $141k (2.3% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $457k against liabilities of $1.9m, net assets of -$1.4m. It reported 73 employees.