Willamette Valley Hospice Inc

Analysis

Willamette Valley Hospice Inc is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in July 1979, 47 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, Willamette Valley Hospice Inc reported income of $13.7m and spending of $15.2m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.2m to $13.7m (+3.2%), an average of +0.8% a year. The sharpest change came in the year to December 2020, when income rose by 28%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Willamette Valley Hospice Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within OR. Charities of a similar size with the same main cause include People Inc of Sequoyah County ($13.6m), Opportunity Foundation Inc ($13.7m) and North Country Home Services ($13.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.6% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $637k (4.2% of expenses). Other salaries and wages came to $8.5m. At year end it held assets of $14.0m against liabilities of $2.4m, net assets of $11.6m. It reported 152 employees.