Hope Hospice Inc

Analysis

Hope Hospice Inc is a registered charity in United States, based in Pleasanton, CA. It received its IRS tax-exemption ruling in August 1979, 47 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 2023, Hope Hospice Inc reported income of $12.5m and spending of $14.3m, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $15.2m to $12.5m (-18%), an average of -4.7% a year. The sharpest change came in the year to June 2022, when income dropped by 19%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Hospice Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Sinergia Inc ($12.5m), Centro Las Americas Inc ($12.5m) and United Helpers Canton Nursing Home ($12.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.1% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $1.1m (8.0% of expenses). Other salaries and wages came to $7.2m. At year end it held assets of $6.3m against liabilities of $1.7m, net assets of $4.5m. It reported 125 employees.