Hospice of the Sacred Heart

Analysis

Hospice of the Sacred Heart is a registered charity in United States, based in Moosic, PA. It received its IRS tax-exemption ruling in February 2004, 22 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, Hospice of the Sacred Heart reported income of $12.9m and spending of $13.7m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $14.9m to $12.9m (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2022, when income dropped by 22%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice of the Sacred Heart sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within PA. Charities of a similar size with the same main cause include Project Vida Inc ($12.9m), Acsi Children Education Fund Inc ($12.9m) and Masonic Home of Missouri ($12.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.5% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $220k (1.6% of expenses). Other salaries and wages came to $7.5m. At year end it held assets of $7.4m against liabilities of $129k, net assets of $7.2m. It reported 117 employees.