Mt Hood Hospice

Analysis

Mt Hood Hospice is a registered charity in United States, based in Sandy, OR. It received its IRS tax-exemption ruling in January 1981, 45 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, Mt Hood Hospice reported income of $2.7m and spending of $2.8m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.7m (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mt Hood Hospice sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within OR. Charities of a similar size with the same main cause include Society of St Vincent de Paul ($2.7m), Newman High School Foundation ($2.7m) and Maru ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $132k (4.6% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $2.0m against liabilities of $51k, net assets of $1.9m. It reported 34 employees.