Hospice of Hilo

Analysis

Hospice of Hilo is a registered charity in United States, based in Hilo, HI. It received its IRS tax-exemption ruling in March 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 (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 of Hilo reported income of $10.5m and spending of $9.4m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.6m to $10.5m (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2020, when income rose by 41%. 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 of Hilo sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within HI. Charities of a similar size with the same main cause include Way to Grow ($10.5m), Desert Mission Inc ($10.5m) and Camp Cole Foundation Inc ($10.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.8% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $210k (2.2% of expenses). Other salaries and wages came to $5.4m. At year end it held assets of $13.9m against liabilities of $1.3m, net assets of $12.6m. It reported 121 employees.