Emanate Health Hospice

Analysis

Emanate Health Hospice is a registered charity in United States, based in Covina, CA. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Emanate Health Hospice reported income of $3.5m and spending of $5.1m, spending 146% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $8.2m to $3.5m (-57%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 46%. Over the whole period it spent 124% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Emanate Health Hospice sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include The Young Mens Christian Association of Wayne County ($3.5m), Community Family Inc ($3.5m) and Franciscan Workers of Junipero Serra ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $154k (3.0% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $1.2m against liabilities of $8.6m, net assets of -$7.4m. It reported 75 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.