Hospice of Redmond

Analysis

Hospice of Redmond is a registered charity in United States, based in Redmond, OR. It received its IRS tax-exemption ruling in December 1982, 44 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 2024, Hospice of Redmond reported income of $1.7m and spending of $2.0m, spending 117% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.7m to $1.7m (+4.8%), an average of +0.9% a year. The sharpest change came in the year to June 2021, when income dropped by 22%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice of Redmond sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within OR. Charities of a similar size with the same main cause include Adelante Thrift Inc ($1.7m), Child Care Connections of Burke County Inc ($1.7m) and Bikur Cholim ($1.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.4% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $103k (5.1% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $6.8m against liabilities of $121k, net assets of $6.7m. It reported 27 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.