Hospice of Spokane

Analysis

Hospice of Spokane is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in August 1977, 49 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hospice of Spokane reported income of $23.9m and spending of $20.7m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $25.4m to $23.9m (-6.1%), an average of -1.6% a year. The sharpest change came in the year to December 2022, when income dropped by 26%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice of Spokane sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within WA. Charities of a similar size with the same main cause include Lourdes-Noreen McKeen Residence for Geriatric Care Inc ($23.9m), Jewish Family Service ($23.9m) and Society of St Vincent de Paul Archdiocesan Council of St Louis ($23.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.2% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $820k (4.0% of expenses). Other salaries and wages came to $10.0m. At year end it held assets of $66.9m against liabilities of $2.4m, net assets of $64.4m. It reported 169 employees.