Hospice Maui Inc

Analysis

Hospice Maui Inc is a registered charity in United States, based in Wailuku, HI. It received its IRS tax-exemption ruling in August 1982, 44 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, Hospice Maui Inc reported income of $11.8m and spending of $8.9m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.3m to $11.8m (+87%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 47%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice Maui 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 HI. Charities of a similar size with the same main cause include Stones River Manor Inc ($11.8m), Women Against Abuse Inc ($11.8m) and North Georgia Community Action Inc ($11.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $519k (5.8% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $11.2m against liabilities of $1.0m, net assets of $10.2m. It reported 95 employees.