Hospice Service of Lake County

Analysis

Hospice Service of Lake County is a registered charity in United States, based in Lakeport, CA. It received its IRS tax-exemption ruling in July 1981, 45 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 December 2023, Hospice Service of Lake County reported income of $4.9m and spending of $4.6m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $4.9m (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice Service of Lake County sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Saint Michael Episcopal School ($4.9m), Catholic Charities of Jackson Lenawee and Hillsdale Counties ($4.9m) and Bridges of Florida Inc ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.5% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $65k (1.4% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $3.8m against liabilities of $512k, net assets of $3.3m. It reported 74 employees.