Good Shepherd Hospice
Good Shepherd Hospice consistently generates surpluses and has significantly grown its assets over the past decade.
EIN: 112958438 · Farmingdale, NY · Updated: 2026-03-28
Is Good Shepherd Hospice Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Good Shepherd Hospice directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Good Shepherd Hospice
Good Shepherd Hospice (EIN: 112958438) is a nonprofit organization based in Farmingdale, NY. The organization reported total revenue of $48.8M and total assets of $55.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Good Shepherd Hospice's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Good Shepherd Hospice is a large nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $48.0M |
| Total Expenses | $41.3M |
| Surplus / Deficit | +$6.6M |
| Total Assets | $49.3M |
| Total Liabilities | $18.0M |
| Net Assets | $31.3M |
| Operating Margin | 13.8% |
| Debt-to-Asset Ratio | 36.5% |
| Months of Reserves | 14.3 months |
Financial Health Grade: A
In 2023, Good Shepherd Hospice reported a surplus of $6.6M with revenue exceeding expenses, holds 14.3 months of operating reserves (strong position), has a debt-to-asset ratio of 36.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Good Shepherd Hospice's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.6% | -4.0% | +11.7% |
| 2022 | -3.2% | +2.9% | -11.6% |
| 2021 | +1.4% | +2.3% | +13.2% |
| 2020 | +27.1% | +15.0% | +73.2% |
| 2019 | +9.6% | +8.0% | +10.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1946 |
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 Good Shepherd Hospice with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Good Shepherd Hospice allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $6.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 36.5%.
Executive Compensation Analysis
The provided data indicates 0% officer compensation for all reported years, which is highly unusual for an organization of this size with revenues nearing $50 million. This suggests either that executive compensation is not reported under 'officer compensation' in the provided summary, or that the organization's top leadership is entirely volunteer-based, which would be exceptionally efficient.
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.
Red Flags
The following concerns were identified during AI analysis of Good Shepherd Hospice's IRS 990 filings:
- Unusually low or zero reported officer compensation for an organization of this size, which may warrant further investigation into how executive leadership is compensated or structured.
Strengths
The following positive indicators were identified for Good Shepherd Hospice:
- Consistent positive net income, demonstrating strong financial management (e.g., $6,623,149 surplus in 2023).
- Significant growth in assets over the past decade, from $16,043,261 in 2014 to $49,251,614 in 2023.
- Consistent filing of IRS Form 990s over 13 periods, indicating strong commitment to transparency and accountability.
- Healthy revenue growth, increasing from $36,712,740 in 2014 to $47,965,226 in 2023.
Frequently Asked Questions about Good Shepherd Hospice
Is Good Shepherd Hospice a legitimate charity?
Based on AI analysis of IRS 990 filings, Good Shepherd Hospice (EIN: 112958438) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Good Shepherd Hospice spend its money?
Good Shepherd Hospice directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Good Shepherd Hospice tax-deductible?
Good Shepherd Hospice is registered as a tax-exempt nonprofit (EIN: 112958438). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Good Shepherd Hospice financially stable?
Yes, Good Shepherd Hospice appears financially stable, consistently reporting positive net income in recent years (e.g., $6,623,149 surplus in 2023) and demonstrating substantial asset growth from $16 million in 2014 to over $49 million in 2023.
How has Good Shepherd Hospice's financial health changed over time?
The organization has shown significant financial growth and improved health over the past decade, with revenues increasing from $36,712,740 in 2014 to $47,965,226 in 2023, and assets nearly tripling in the same period.
What is the organization's approach to executive compensation?
Based on the provided data, the organization reports 0% officer compensation across all years, which is highly unusual for an organization of its scale and suggests either a volunteer executive structure or that compensation is categorized differently in these summaries.
Filing History
IRS 990 filing history for Good Shepherd Hospice showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Good Shepherd Hospice's revenue has grown by 46.1%, moving from $32.8M to $48.0M. Total assets increased by 341.7% over the same period, from $11.2M to $49.3M. Total functional expenses rose by 20.8%, from $34.2M to $41.3M. In its most recent filing year (2023), Good Shepherd Hospice reported a surplus of $6.6M, with revenue exceeding expenses. The organization holds $18.0M in liabilities against $49.3M in assets (debt-to-asset ratio: 36.5%), resulting in net assets of $31.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $48.0M | $41.3M | $49.3M | $18.0M | — | — |
| 2022 | $45.0M | $43.1M | $44.1M | $19.6M | — | View 990 |
| 2021 | $46.5M | $41.8M | $49.9M | $29.1M | — | View 990 |
| 2020 | $45.8M | $40.9M | $44.0M | $28.8M | — | View 990 |
| 2019 | $36.0M | $35.6M | $25.4M | $15.9M | — | View 990 |
| 2018 | $32.9M | $32.9M | $23.1M | $15.3M | — | View 990 |
| 2017 | $34.3M | $33.2M | $18.6M | $12.7M | — | View 990 |
| 2016 | $35.2M | $36.0M | $16.3M | $11.4M | — | View 990 |
| 2015 | $36.4M | $37.0M | $15.8M | $10.0M | — | View 990 |
| 2014 | $36.7M | $35.8M | $16.0M | $9.7M | — | View 990 |
| 2013 | $35.1M | $35.1M | $13.8M | $8.4M | — | View 990 |
| 2012 | $34.7M | $35.6M | $13.7M | $8.2M | — | View 990 |
| 2011 | $32.8M | $34.2M | $11.2M | $4.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $48.0M, expenses of $41.3M, and assets of $49.3M (revenue +6.6% year-over-year).
- 2022: Revenue of $45.0M, expenses of $43.1M, and assets of $44.1M (revenue -3.2% year-over-year).
- 2021: Revenue of $46.5M, expenses of $41.8M, and assets of $49.9M (revenue +1.4% year-over-year).
- 2020: Revenue of $45.8M, expenses of $40.9M, and assets of $44.0M (revenue +27.1% year-over-year).
- 2019: Revenue of $36.0M, expenses of $35.6M, and assets of $25.4M (revenue +9.6% year-over-year).
- 2018: Revenue of $32.9M, expenses of $32.9M, and assets of $23.1M (revenue -4.1% year-over-year).
- 2017: Revenue of $34.3M, expenses of $33.2M, and assets of $18.6M (revenue -2.5% year-over-year).
- 2016: Revenue of $35.2M, expenses of $36.0M, and assets of $16.3M (revenue -3.4% year-over-year).
- 2015: Revenue of $36.4M, expenses of $37.0M, and assets of $15.8M (revenue -0.8% year-over-year).
- 2014: Revenue of $36.7M, expenses of $35.8M, and assets of $16.0M (revenue +4.6% year-over-year).
- 2013: Revenue of $35.1M, expenses of $35.1M, and assets of $13.8M (revenue +1.0% year-over-year).
- 2012: Revenue of $34.7M, expenses of $35.6M, and assets of $13.7M (revenue +5.8% year-over-year).
- 2011: Revenue of $32.8M, expenses of $34.2M, and assets of $11.2M.
Data Sources and Methodology
This transparency report for Good Shepherd Hospice 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.