Anchorage Hospice Inc

Analysis

Anchorage Hospice Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in April 1981, 45 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 June 2023, Anchorage Hospice Inc reported income of $704k and spending of $565k, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $419k to $704k (+68%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 45%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Anchorage Hospice Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 72nd percentile within AK. Charities of a similar size with the same main cause include Planned Lifetime Assistance Network of Pennsylvania ($704k), Valley Area Community Support Inc ($704k) and Southwest Outreach for Older People ($704k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $49k (8.6% of expenses). Other salaries and wages came to $256k. At year end it held assets of $711k against liabilities of $4,388, net assets of $707k. It reported 10 employees.