Hospice of the Plains Inc

Analysis

Hospice of the Plains Inc is a registered charity in United States, based in Sterling, CO. It received its IRS tax-exemption ruling in April 1996, 30 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 December 2023, Hospice of the Plains Inc reported income of $2.8m and spending of $2.3m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.8m (+115%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hospice of the Plains Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CO. Charities of a similar size with the same main cause include Health Care Education and Training Inc ($2.8m), Dent Neurosciences Research Center Inc ($2.8m) and Bid-Milton Physician Associates Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.5% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $226k (10.0% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.8m against liabilities of $473k, net assets of $2.3m. It reported 34 employees.