Hospice of the North Coast

Analysis

Hospice of the North Coast is a registered charity in United States, based in Carlsbad, CA. It received its IRS tax-exemption ruling in February 1983, 43 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 September 2023, Hospice of the North Coast reported income of $21.5m and spending of $16.2m, leaving 25% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $11.0m to $21.5m (+96%), an average of +18% a year. The sharpest change came in the year to September 2021, when income rose by 23%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice of the North Coast 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 97th percentile within CA. Charities of a similar size with the same main cause include Region 3b Area Agency on Aging ($21.5m), Opportunities Industrialization Center of Washington ($21.6m) and Bayview Manor Homes ($21.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 16% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $1.5m (9.3% of expenses). Other salaries and wages came to $8.0m. At year end it held assets of $29.6m against liabilities of $2.6m, net assets of $27.0m. It reported 181 employees.