Hospice Inc
EIN: 320497665 · Wichita, KS · NTEE: E11
| Metric | Value |
|---|---|
| Total Revenue | $2K |
| Net Assets | $2K |
Is Hospice Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hospice Inc
Hospice Inc (EIN: 320497665) is a nonprofit organization based in Wichita, KS, classified under NTEE code E11. The organization reported total revenue of $2K and total assets of $7K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hospice Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hospice Inc is a micro nonprofit that has been operating for 7 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of -34.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $0 |
| Surplus / Deficit | +$2K |
| Total Assets | $5K |
| Total Liabilities | $3K |
| Net Assets | $2K |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 52.2% |
Financial Health Grade: B
In 2023, Hospice Inc reported a surplus of $2K with revenue exceeding expenses, has a debt-to-asset ratio of 52.2% (high leverage).
Financial Trends
Over 7 years of filings (2017–2023), Hospice Inc's revenue has declined at a compound annual growth rate (CAGR) of -34.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.8% | -100.0% | +15.2% |
| 2022 | -21.3% | +5.9% | +74.0% |
| 2021 | -10.2% | -1.7% | -94.5% |
| 2020 | +5.5% | +1.7% | +6.4% |
| 2019 | -91.4% | -93.6% | +6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hospice Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hospice Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 52.2%.
Frequently Asked Questions about Hospice Inc
Is Hospice Inc a legitimate charity?
Hospice Inc (EIN: 320497665) is a registered tax-exempt nonprofit based in Kansas. It has 7 years of IRS 990 filings on record. Total revenue: $2K. No red flags identified. Financial health grade: B.
How does Hospice Inc spend its money?
Hospice Inc reported $2K in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hospice Inc tax-deductible?
Hospice Inc is registered as a tax-exempt nonprofit (EIN: 320497665). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hospice Inc located?
Hospice Inc is headquartered in Wichita, Kansas and files with the IRS under EIN 320497665. It is classified under NTEE code E11.
How many years of IRS 990 filings does Hospice Inc have?
Hospice Inc has 7 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 $2K in total revenue.
Filing History
IRS 990 filing history for Hospice Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Hospice Inc's revenue has declined by 91.9%, moving from $25K to $2K. Total assets decreased by 53.4% over the same period, from $11K to $5K. Total functional expenses fell by 100%, from $24K to $0. The organization holds $3K in liabilities against $5K in assets (debt-to-asset ratio: 52.2%), resulting in net assets of $2K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2K | $0 | $5K | $3K | — | — |
| 2022 | $2K | $2K | $4K | $4K | — | View 990 |
| 2021 | $2K | $2K | $2K | $2K | — | — |
| 2020 | $3K | $2K | $45K | $45K | — | View 990 |
| 2019 | $3K | $2K | $42K | $43K | — | View 990 |
| 2018 | $30K | $32K | $40K | $41K | — | View 990 |
| 2017 | $25K | $24K | $11K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2K, expenses of $0, and assets of $5K (revenue +3.8% year-over-year).
- 2022: Revenue of $2K, expenses of $2K, and assets of $4K (revenue -21.3% year-over-year).
- 2021: Revenue of $2K, expenses of $2K, and assets of $2K (revenue -10.2% year-over-year).
- 2020: Revenue of $3K, expenses of $2K, and assets of $45K (revenue +5.5% year-over-year).
- 2019: Revenue of $3K, expenses of $2K, and assets of $42K (revenue -91.4% year-over-year).
- 2018: Revenue of $30K, expenses of $32K, and assets of $40K (revenue +21.6% year-over-year).
- 2017: Revenue of $25K, expenses of $24K, and assets of $11K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hospice Inc:
Data Sources and Methodology
This transparency report for Hospice 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.