Hospice of Santa Cruz County

Analysis

Hospice of Santa Cruz County is a registered charity in United States, based in Scotts Valley, CA. It received its IRS tax-exemption ruling in December 1978, 48 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 June 2023, Hospice of Santa Cruz County reported income of $23.7m and spending of $23.1m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $23.6m to $23.7m (+0.4%), an average of +0.1% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hospice of Santa Cruz County sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Fielding Graduate University ($23.7m), First Nations Development Institute ($23.7m) and Area Agency on Aging for Southwest Florida Inc ($23.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $600k (2.6% of expenses). Other salaries and wages came to $11.2m. At year end it held assets of $10.5m against liabilities of $2.1m, net assets of $8.4m. It reported 170 employees.