Hospice Endowment Trust Fund of Phoenix Arizona

Analysis

Hospice Endowment Trust Fund of Phoenix Arizona is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in December 1982, 44 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Hospice Endowment Trust Fund of Phoenix Arizona reported income of $18.1m and spending of $3.6m, leaving 80% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $19.5m to $18.1m (-7.1%), an average of -1.8% a year. The sharpest change came in the year to September 2020, when income rose by 127%. Over the whole period it spent 8.4% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hospice Endowment Trust Fund of Phoenix Arizona sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within AZ. Charities of a similar size with the same main cause include Goodwill of the Southern Alleghenies Inc ($18.1m), Madelia Health ($18.2m) and San Antonio Metropolitan Ministry Inc ($18.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.5% of the total. At year end it held assets of $669.7m against liabilities of $0, net assets of $669.7m.