Community Hospice Foundation Inc
Community Hospice Foundation Inc: Stable Finances, High Program Spending
EIN: 222692940 · Albany, NY · NTEE: P74Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $2.2M |
| Program Spending | 80% |
| Net Assets | $7.2M |
| Transparency Score | 85/100 |
Is Community Hospice Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Community Hospice Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Community Hospice Foundation Inc
Community Hospice Foundation Inc (EIN: 222692940) is a nonprofit organization based in Albany, NY, classified under NTEE code P74Z. The organization reported total revenue of $3.2M and total assets of $17.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Hospice Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Hospice Foundation Inc is a mid-size nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$28K |
| Total Assets | $15.4M |
| Total Liabilities | $8.3M |
| Net Assets | $7.2M |
| Operating Margin | 1.2% |
| Debt-to-Asset Ratio | 53.5% |
| Months of Reserves | 84.1 months |
Financial Health Grade: A
In 2023, Community Hospice Foundation Inc reported a surplus of $28K with revenue exceeding expenses, holds 84.1 months of operating reserves (strong position), has a debt-to-asset ratio of 53.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Community Hospice Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.1% | +21.4% | +7.5% |
| 2022 | -8.8% | +14.5% | -7.9% |
| 2021 | +34.4% | -50.1% | +24.3% |
| 2020 | -36.7% | +6.6% | -8.5% |
| 2019 | -0.3% | +7.2% | +10.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Community Hospice Foundation Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Community Hospice Foundation Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $28K, with revenue exceeding expenses.
- Debt-to-asset ratio: 53.5%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, preventing a specific assessment of its reasonableness relative to the organization's revenue and assets.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Community Hospice Foundation Inc:
- Consistently high program spending, indicating a strong focus on its mission.
- Stable revenue and asset base over the past several years, demonstrating financial resilience.
- No reported compensation to professional fundraising organizations, suggesting efficient internal fundraising.
Frequently Asked Questions about Community Hospice Foundation Inc
Is Community Hospice Foundation Inc a legitimate charity?
Community Hospice Foundation Inc (EIN: 222692940) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.2M. No red flags identified. 3 strengths noted. Financial health grade: A.
How does Community Hospice Foundation Inc spend its money?
Community Hospice Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Community Hospice Foundation Inc tax-deductible?
Community Hospice Foundation Inc is registered as a tax-exempt nonprofit (EIN: 222692940). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Community Hospice Foundation Inc's spending goes to programs?
Community Hospice Foundation Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Community Hospice Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Community Hospice Foundation Inc is above average for NTEE category P74Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Community Hospice Foundation Inc located?
Community Hospice Foundation Inc is headquartered in Albany, New York and files with the IRS under EIN 222692940. It is classified under NTEE code P74Z.
How many years of IRS 990 filings does Community Hospice Foundation Inc have?
Community Hospice Foundation Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.2M in total revenue.
What does Community Hospice Foundation Inc do?
Community Hospice Foundation Inc is a nonprofit organization in the Human Services sector, located in Albany, New York. It is classified under NTEE code P74Z.
How much revenue does Community Hospice Foundation Inc have?
Community Hospice Foundation Inc reported total revenue of $3,156,572. Based on 13 IRS 990 filings on record.
What are Community Hospice Foundation Inc's total assets?
Community Hospice Foundation Inc holds total assets of $17,571,881 as reported in IRS 990 filings.
Where is Community Hospice Foundation Inc located?
Community Hospice Foundation Inc is based in Albany, New York.
What is Community Hospice Foundation Inc's EIN?
Community Hospice Foundation Inc's Employer Identification Number (EIN) is 222692940. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Community Hospice Foundation Inc?
Community Hospice Foundation Inc is classified under NTEE code P74Z (Human Services).
Is Community Hospice Foundation Inc a registered 501(c)(3)?
Yes, Community Hospice Foundation Inc is recognized as a tax-exempt organization by the IRS. EIN: 222692940.
Does Community Hospice Foundation Inc file IRS Form 990?
Yes, Community Hospice Foundation Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Community Hospice Foundation Inc's revenue in 2023?
In the 202306 filing period, Community Hospice Foundation Inc reported total revenue of $2,231,425, total expenses of $2,203,577, and net assets of $15,436,458.
Is Community Hospice Foundation Inc's revenue growing or declining?
Community Hospice Foundation Inc's revenue is declining. Revenue went from $2,401,899 (202206) to $2,231,425 (202306), a -7.1% change. Based on 13 filings on record.
What is Community Hospice Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Community Hospice Foundation Inc covers tax period 202306. It shows revenue of $2,231,425, expenses of $2,203,577, total assets of $15,436,458, and liabilities of $8,257,402.
How much does Community Hospice Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, Community Hospice Foundation Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Community Hospice Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Community Hospice Foundation Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Community Hospice Foundation Inc's strengths?
Positive indicators for Community Hospice Foundation Inc include: Consistently high program spending, indicating a strong focus on its mission.. Stable revenue and asset base over the past several years, demonstrating financial resilience.. No reported compensation to professional fundraising organizations, suggesting efficient internal fundraising.. These findings are derived from AI analysis of the organization's financial filings.
How does Community Hospice Foundation Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, preventing a specific assessment of its reasonableness relative to the organization's revenue and assets. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the consistent 0% compensation from professional fundraising organizations impact the overall efficiency and donor perception of Community Hospice Foundation Inc?
The consistent 0% compensation from professional fundraising organizations suggests that Community Hospice Foundation Inc manages its fundraising internally. This can lead to higher efficiency by retaining more of the raised funds for programs and may enhance donor trust as contributions directly support the mission without significant third-party deductions.
Filing History
IRS 990 filing history for Community Hospice Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Community Hospice Foundation Inc's revenue has declined by 10.1%, moving from $2.5M to $2.2M. Total assets increased by 81.7% over the same period, from $8.5M to $15.4M. Total functional expenses rose by 166.4%, from $827K to $2.2M. In its most recent filing year (2023), Community Hospice Foundation Inc reported a surplus of $28K, with revenue exceeding expenses. The organization holds $8.3M in liabilities against $15.4M in assets (debt-to-asset ratio: 53.5%), resulting in net assets of $7.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $2.2M | $15.4M | $8.3M | — | — |
| 2022 | $2.4M | $1.8M | $14.4M | $8.1M | — | View 990 |
| 2021 | $2.6M | $1.6M | $15.6M | $8.3M | — | — |
| 2020 | $2.0M | $3.2M | $12.5M | $8.1M | — | — |
| 2019 | $3.1M | $3.0M | $13.7M | $8.1M | — | View 990 |
| 2018 | $3.1M | $2.8M | $12.4M | $6.2M | — | View 990 |
| 2017 | $2.9M | $3.2M | $10.5M | $5.3M | — | View 990 |
| 2016 | $2.0M | $3.1M | $8.0M | $4.8M | — | View 990 |
| 2015 | $2.7M | $3.2M | $8.7M | $3.8M | — | View 990 |
| 2014 | $3.5M | $900K | $8.6M | $2.5M | — | View 990 |
| 2013 | $1.3M | $405K | $8.0M | $3.3M | — | View 990 |
| 2012 | $1.9M | $924K | $6.7M | $2.6M | — | View 990 |
| 2011 | $2.5M | $827K | $8.5M | $5.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $2.2M, and assets of $15.4M (revenue -7.1% year-over-year).
- 2022: Revenue of $2.4M, expenses of $1.8M, and assets of $14.4M (revenue -8.8% year-over-year).
- 2021: Revenue of $2.6M, expenses of $1.6M, and assets of $15.6M (revenue +34.4% year-over-year).
- 2020: Revenue of $2.0M, expenses of $3.2M, and assets of $12.5M (revenue -36.7% year-over-year).
- 2019: Revenue of $3.1M, expenses of $3.0M, and assets of $13.7M (revenue -0.3% year-over-year).
- 2018: Revenue of $3.1M, expenses of $2.8M, and assets of $12.4M (revenue +7.2% year-over-year).
- 2017: Revenue of $2.9M, expenses of $3.2M, and assets of $10.5M (revenue +46.4% year-over-year).
- 2016: Revenue of $2.0M, expenses of $3.1M, and assets of $8.0M (revenue -26.1% year-over-year).
- 2015: Revenue of $2.7M, expenses of $3.2M, and assets of $8.7M (revenue -22.5% year-over-year).
- 2014: Revenue of $3.5M, expenses of $900K, and assets of $8.6M (revenue +157.9% year-over-year).
- 2013: Revenue of $1.3M, expenses of $405K, and assets of $8.0M (revenue -31.1% year-over-year).
- 2012: Revenue of $1.9M, expenses of $924K, and assets of $6.7M (revenue -21.7% year-over-year).
- 2011: Revenue of $2.5M, expenses of $827K, and assets of $8.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Community Hospice Foundation Inc:
Data Sources and Methodology
This transparency report for Community Hospice Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.