Arkansas Valley Hospice Inc

Analysis

Arkansas Valley Hospice Inc is a registered charity in United States, based in LA Junta, CO. It received its IRS tax-exemption ruling in April 2017, 9 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 October 2023, Arkansas Valley Hospice Inc reported income of $1.7m and spending of $1.8m, spending 106% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income grew from $1.6m to $1.7m (+5.0%), an average of +1.2% a year. The sharpest change came in the year to October 2020, when income rose by 38%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Arkansas Valley Hospice Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within CO. Charities of a similar size with the same main cause include Jay County Drug Prevention Coalition ($1.7m), Providence Hospice & Home Care Foundation Snohomish County ($1.7m) and Good Grief Inc ($1.7m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 31% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $252k (14% of expenses). Other salaries and wages came to $661k. At year end it held assets of $934k against liabilities of $56k, net assets of $879k. It reported 26 employees.