Klamath Hospice Inc

Analysis

Klamath Hospice Inc is a registered charity in United States, based in Klamath Falls, OR. It received its IRS tax-exemption ruling in May 1982, 44 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, Klamath Hospice Inc reported income of $5.7m and spending of $5.0m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.2m to $5.7m (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2020, when income rose by 29%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Klamath Hospice Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within OR. Charities of a similar size with the same main cause include National Ironworkers and Employers Apprenticeship Training and Journe ($5.7m), Concho Valley Community Action Agency ($5.7m) and Test Monitoring Center ($5.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 74% of the total. Other salaries and wages came to $3.1m. At year end it held assets of $11.5m against liabilities of $398k, net assets of $11.1m. It reported 80 employees.