Suburban Hospice Inc

Analysis

Suburban Hospice Inc is a registered charity in United States, based in Noblesville, IN. It received its IRS tax-exemption ruling in April 2020, 6 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 December 2023, Suburban Hospice Inc reported income of $4.1m and spending of $3.7m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $976k to $4.1m (+318%), an average of +43% a year. The sharpest change came in the year to December 2020, when income rose by 111%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Suburban Hospice Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within IN. Charities of a similar size with the same main cause include Mrelief ($4.1m), Family Promise of Gallatin Valley Inc ($4.1m) and Youth Investment Foundation ($4.1m).

On its Form 990 for the period ending December 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 $155k (4.2% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $2.5m against liabilities of $2.5m, net assets of -$25k. It reported 43 employees.