Hospice Of Chattanooga Foundation

Hospice Of Chattanooga Foundation shows strong asset growth and no reported officer compensation, with a recent significant revenue surge.

EIN: 203778171 · Chattanooga, TN · NTEE: P117 · Updated: 2026-03-28

$4.0MRevenue
$912KGross Revenue
$8.8MAssets
90/100Mission Score (Excellent)
P117
Hospice Of Chattanooga Foundation Financial Summary
MetricValue
Total Revenue$4.0M
Total Expenses$930K
Program Spending85%
Net Assets$8.6M
Transparency Score90/100

Is Hospice Of Chattanooga Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Hospice Of Chattanooga Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Hospice Of Chattanooga Foundation

Hospice Of Chattanooga Foundation (EIN: 203778171) is a nonprofit organization based in Chattanooga, TN, classified under NTEE code P117. The organization reported total revenue of $4.0M and total assets of $8.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hospice Of Chattanooga Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
Mid-SizeSize Classification
10Years of Filings
MixedRevenue Trajectory

Hospice Of Chattanooga Foundation is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -4.7%.

Key Financial Metrics (2020)

From the most recent IRS 990 filing on record:

Total Revenue$912K
Total Expenses$930K
Surplus / Deficit$-17,435
Total Assets$8.8M
Total Liabilities$205K
Net Assets$8.6M
Operating Margin-1.9%
Debt-to-Asset Ratio2.3%
Months of Reserves113.9 months

Financial Health Grade: B

In 2020, Hospice Of Chattanooga Foundation reported a deficit of $17K with expenses exceeding revenue, holds 113.9 months of operating reserves (strong position), has a debt-to-asset ratio of 2.3% (very low leverage).

Financial Trends

Over 10 years of filings (2011–2020), Hospice Of Chattanooga Foundation's revenue has declined at a compound annual growth rate (CAGR) of -4.7%.

YearRevenue ChangeExpense ChangeAsset Change
2020+3.2%+3.0%+4.5%
2019-45.3%+-0.0%+10.2%
2018+45.3%-1.5%-3.8%
2017+31.1%+13.5%+14.0%
2016+20.6%+27.4%+4.7%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Hospice Of Chattanooga Foundation demonstrates a generally stable financial position with consistent asset growth over the past decade, increasing from $5,752,610 in 2011 to $8,826,608 in 2020. The organization's revenue has fluctuated, with a notable peak of $3,962,905 in its latest reported period, significantly higher than previous years which typically ranged from $451,530 to $1,615,777. This recent surge in revenue warrants further investigation to understand its source and sustainability. Expenses have remained relatively consistent, typically below $1 million annually, suggesting a controlled spending environment. The foundation's financial health appears sound, with assets consistently outweighing liabilities. The absence of reported officer compensation across all filings indicates a strong commitment to directing funds towards its mission, enhancing its spending efficiency. However, without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, a precise assessment of spending efficiency is challenging. The significant increase in the latest revenue figure, while positive, needs context to fully evaluate its impact on the organization's long-term financial strategy and program delivery.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Hospice Of Chattanooga Foundation 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, Hospice Of Chattanooga Foundation 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 (2020)

From the most recent IRS 990 filing on record:

$912KTotal Revenue
$930KTotal Expenses
$8.8MTotal Assets
$205KTotal Liabilities
$8.6MNet Assets
  • The organization reported a deficit of $17K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 2.3%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is a strong positive for directing funds to its mission.

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 Hospice Of Chattanooga Foundation's IRS 990 filings:

  • Lack of detailed expense breakdown (program, admin, fundraising) in provided data, hindering full efficiency assessment.

Strengths

The following positive indicators were identified for Hospice Of Chattanooga Foundation:

  • Consistent asset growth, increasing from $5,752,610 in 2011 to $8,826,608 in 2020.
  • No reported officer compensation across all filings, indicating high dedication of funds to mission.
  • Assets consistently outweigh liabilities, demonstrating financial stability.
  • Relatively stable expense levels over the past decade, suggesting controlled spending.

Frequently Asked Questions about Hospice Of Chattanooga Foundation

Is Hospice Of Chattanooga Foundation a legitimate charity?

Hospice Of Chattanooga Foundation (EIN: 203778171) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $4.0M. 1 red flag identified. 4 strengths noted. Financial health grade: B.

How does Hospice Of Chattanooga Foundation spend its money?

Hospice Of Chattanooga Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Hospice Of Chattanooga Foundation tax-deductible?

Hospice Of Chattanooga Foundation is registered as a tax-exempt nonprofit (EIN: 203778171). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Hospice Of Chattanooga Foundation's spending goes to programs?

Hospice Of Chattanooga Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Hospice Of Chattanooga Foundation compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Hospice Of Chattanooga Foundation is above average for NTEE category P117 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Hospice Of Chattanooga Foundation located?

Hospice Of Chattanooga Foundation is headquartered in Chattanooga, Tennessee and files with the IRS under EIN 203778171. It is classified under NTEE code P117.

How many years of IRS 990 filings does Hospice Of Chattanooga Foundation have?

Hospice Of Chattanooga Foundation has 10 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 $4.0M in total revenue.

What is the source of the significant revenue increase to $3,962,905 in the latest period?

The provided data shows a substantial jump in revenue for the latest period compared to previous years. Understanding if this is a one-time grant, a new fundraising initiative, or an accounting adjustment is crucial for assessing future financial stability.

How does Hospice Of Chattanooga Foundation allocate its expenses between program services, administrative costs, and fundraising?

Without a detailed breakdown of expenses, it's difficult to fully assess spending efficiency. Knowing these ratios would provide a clearer picture of how much of each dollar directly supports hospice services versus overhead.

What are the specific programs and services funded by Hospice Of Chattanooga Foundation?

Understanding the direct impact of the foundation's funding on hospice care and related services would provide insight into its programmatic effectiveness and alignment with its NTEE code P117 (Hospices).

Filing History

IRS 990 filing history for Hospice Of Chattanooga Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2020), Hospice Of Chattanooga Foundation's revenue has declined by 35.1%, moving from $1.4M to $912K. Total assets increased by 53.4% over the same period, from $5.8M to $8.8M. Total functional expenses rose by 1%, from $921K to $930K. In its most recent filing year (2020), Hospice Of Chattanooga Foundation reported a deficit of $17K, with expenses exceeding revenue. The organization holds $205K in liabilities against $8.8M in assets (debt-to-asset ratio: 2.3%), resulting in net assets of $8.6M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2020 $912K $930K $8.8M $205K
2019 $884K $903K $8.4M $534K View 990
2018 $1.6M $903K $7.7M $541K View 990
2017 $1.1M $917K $8.0M $296K
2016 $848K $808K $7.0M $207K View 990
2015 $703K $634K $6.7M $152K View 990
2014 $452K $629K $7.0M $366K View 990
2013 $1.3M $597K $6.7M $168K View 990
2012 $1.3M $1.0M $6.0M $170K View 990
2011 $1.4M $921K $5.8M $213K View 990

Year-by-Year Financial Summary

  • 2020: Revenue of $912K, expenses of $930K, and assets of $8.8M (revenue +3.2% year-over-year).
  • 2019: Revenue of $884K, expenses of $903K, and assets of $8.4M (revenue -45.3% year-over-year).
  • 2018: Revenue of $1.6M, expenses of $903K, and assets of $7.7M (revenue +45.3% year-over-year).
  • 2017: Revenue of $1.1M, expenses of $917K, and assets of $8.0M (revenue +31.1% year-over-year).
  • 2016: Revenue of $848K, expenses of $808K, and assets of $7.0M (revenue +20.6% year-over-year).
  • 2015: Revenue of $703K, expenses of $634K, and assets of $6.7M (revenue +55.8% year-over-year).
  • 2014: Revenue of $452K, expenses of $629K, and assets of $7.0M (revenue -64.6% year-over-year).
  • 2013: Revenue of $1.3M, expenses of $597K, and assets of $6.7M (revenue -0.5% year-over-year).
  • 2012: Revenue of $1.3M, expenses of $1.0M, and assets of $6.0M (revenue -8.8% year-over-year).
  • 2011: Revenue of $1.4M, expenses of $921K, and assets of $5.8M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Hospice Of Chattanooga Foundation:

2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Hospice Of Chattanooga Foundation 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.

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