Hospice Giving Foundation

Analysis

Hospice Giving Foundation is a registered charity in United States, based in Monterey, CA. It received its IRS tax-exemption ruling in May 1977, 49 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 Giving Foundation reported income of $2.0m and spending of $2.6m, spending 126% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $5.1m to $2.0m (-60%), an average of -17% a year. The sharpest change came in the year to June 2022, when income rose by 131%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice Giving Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include St Vincent de Paul Society Inc ($2.0m), Maryland Coalition for Inclusive Education Inc ($2.0m) and Nardin Park Recovery Center Inc ($2.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 67% of the total. Compensation of current officers, directors and key employees was $264k (10% of expenses). Other salaries and wages came to $536k. At year end it held assets of $32.7m against liabilities of $518k, net assets of $32.1m. It reported 11 employees.