Is Ihc Hospice Inc Legit?

Spending Breakdown

How Ihc Hospice Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Ihc Hospice Inc

Is Ihc Hospice Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Ihc Hospice Inc (EIN: 200063696) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 2 strengths noted.

Is Ihc Hospice Inc a good charity to donate to?

Ihc Hospice Inc has a Mission Score of 65/100. Revenue: $1.1M. Assets: $453K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Ihc Hospice Inc?

The Employer Identification Number (EIN) for Ihc Hospice Inc is 200063696. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Ihc Hospice Inc spend its money?

Ihc Hospice Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Ihc Hospice Inc's tax-exempt status?

You can verify Ihc Hospice Inc's tax-exempt status using EIN 200063696 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Ihc Hospice Inc. demonstrates a fluctuating financial history, with recent years showing a decline in revenue from a peak of $2,291,607 in 2016 to $411,299 in 2022. The organization has frequently operated with expenses exceeding revenue, notably in 2022 where expenses of $493,329 outstripped revenue of $411,299, and a significant deficit in 2020 with $1,286,065 in expenses against $697,788 in revenue. This trend suggests potential challenges in maintaining financial stability and operational sustainability. The organization's assets have also seen a considerable decrease from a high of $1,094,688 in 2016 to $340,258 in 2022, while liabilities have shown some volatility, reaching $370,349 in 2022, exceeding assets in that period.

Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess. However, the consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to minimizing executive overhead, which is a positive sign for donor confidence. The organization's NTEE code P74 (Hospice Care) suggests a direct service mission, and the absence of officer compensation implies that resources are likely directed towards program delivery. The overall financial trajectory, however, warrants closer examination to ensure long-term viability and effective use of funds.

Transparency appears to be adequate through its regular IRS 990 filings. The consistent reporting of 0% officer compensation is a notable aspect of its financial disclosures. However, the financial instability, particularly the recurring deficits and declining asset base, could raise questions about the organization's ability to sustain its mission without significant financial restructuring or increased revenue generation. The organization's ability to manage its liabilities, which exceeded assets in 2022, is a critical area for future monitoring.

Verdict: Ihc Hospice Inc shows mixed signals

Red Flags

Strengths