Hospice of Sweetwater County Inc

Analysis

Hospice of Sweetwater County Inc is a registered charity in United States, based in Rock Springs, WY. It received its IRS tax-exemption ruling in June 1985, 41 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 June 2023, Hospice of Sweetwater County Inc reported income of $1.3m and spending of $1.2m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.4m to $1.3m (-7.7%), an average of -2.0% a year. The sharpest change came in the year to June 2020, when income dropped by 22%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice of Sweetwater County Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within WY. Charities of a similar size with the same main cause include Herndon-Reston Fish Inc ($1.3m), Family Service Society Inc ($1.3m) and Northeast Community Center ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $90k (7.6% of expenses). Other salaries and wages came to $630k. At year end it held assets of $1.5m against liabilities of $73k, net assets of $1.4m. It reported 17 employees.