Hospice Friends

Analysis

Hospice Friends is a registered charity in United States, based in Ellensburg, WA. It received its IRS tax-exemption ruling in May 1984, 42 years ago. 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 Friends reported income of $115k and spending of $294k, spending 255% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $213k to $115k (-46%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 404%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hospice Friends sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 36th percentile within WA. Charities of a similar size with the same main cause include Fulton County Historical Society ($115k), Ivy Educational and Charitable Foundation of Houston Inc ($115k) and Ohio Alliance for Community Education ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 107% of the total. Compensation of current officers, directors and key employees was $75k (26% of expenses). Other salaries and wages came to $88k. At year end it held assets of $804k against liabilities of $10k, net assets of $794k. It reported 3 employees.