Rva Hospice LLC

Analysis

Rva Hospice LLC is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in March 2023, 3 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, Rva Hospice LLC reported income of $355k and spending of $1.0m, spending 293% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $517k to $355k (-31%), an average of -31% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 133% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rva Hospice LLC sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within VA. Charities of a similar size with the same main cause include Pearl Mae Foundation ($355k), Little Disciples Early Learning ($355k) and Noras Women of Purpose ($355k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $80k (7.7% of expenses). Other salaries and wages came to $462k. At year end it held assets of $358k against liabilities of $649k, net assets of -$291k. It reported 26 employees.