Hospice Of Fulton County Inc
Hospice Of Fulton County Inc: Stable Finances, Consistent Mission
EIN: 222571531 · Gloversville, NY · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $3.7M |
| Total Expenses | $3.5M |
| Program Spending | 80% |
| Net Assets | $2.4M |
| Transparency Score | 85/100 |
Is Hospice Of Fulton County Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hospice Of Fulton County Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hospice Of Fulton County Inc
Hospice Of Fulton County Inc (EIN: 222571531) is a nonprofit organization based in Gloversville, NY. The organization reported total revenue of $3.7M and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hospice Of Fulton County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hospice Of Fulton County 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 -1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.5M |
| Total Expenses | $3.5M |
| Surplus / Deficit | $-13,266 |
| Total Assets | $2.8M |
| Total Liabilities | $400K |
| Net Assets | $2.4M |
| Operating Margin | -0.4% |
| Debt-to-Asset Ratio | 14.1% |
| Months of Reserves | 9.7 months |
Financial Health Grade: B
In 2023, Hospice Of Fulton County Inc reported a deficit of $13K with expenses exceeding revenue, holds 9.7 months of operating reserves (strong position), has a debt-to-asset ratio of 14.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hospice Of Fulton County Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.8% | +4.1% | -0.5% |
| 2022 | +1.8% | +4.2% | +6.6% |
| 2021 | +5.4% | +6.5% | +0.0% |
| 2020 | +3.8% | +0.1% | +2.5% |
| 2019 | -3.5% | -7.9% | -2.8% |
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 Hospice Of Fulton County 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, Hospice Of Fulton County 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 deficit of $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.1%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided filings, with 'c0%' indicating no reported compensation for officers, directors, trustees, or key employees, suggesting either volunteer leadership or compensation is reported under other expense categories.
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 Fulton County Inc's IRS 990 filings:
- Lack of detailed executive compensation information (c0% reported) makes it difficult to assess leadership's financial benefit from the organization.
Strengths
The following positive indicators were identified for Hospice Of Fulton County Inc:
- Consistent revenue and asset base over several years demonstrates financial stability.
- Strong program spending focus, as implied by the mission and general hospice operational models.
Frequently Asked Questions about Hospice Of Fulton County Inc
Is Hospice Of Fulton County Inc a legitimate charity?
Hospice Of Fulton County Inc (EIN: 222571531) 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: $3.7M. 1 red flag identified. 2 strengths noted. Financial health grade: B.
How does Hospice Of Fulton County Inc spend its money?
Hospice Of Fulton County Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Hospice Of Fulton County Inc tax-deductible?
Hospice Of Fulton County Inc is registered as a tax-exempt nonprofit (EIN: 222571531). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hospice Of Fulton County Inc's spending goes to programs?
Hospice Of Fulton County Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Hospice Of Fulton County Inc located?
Hospice Of Fulton County Inc is headquartered in Gloversville, New York and files with the IRS under EIN 222571531.
How many years of IRS 990 filings does Hospice Of Fulton County Inc have?
Hospice Of Fulton County 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 $3.7M in total revenue.
What does Hospice Of Fulton County Inc do?
Hospice Of Fulton County Inc is a nonprofit organization in the Unknown sector, located in Gloversville, New York. It is classified under NTEE code Unknown.
How much revenue does Hospice Of Fulton County Inc have?
Hospice Of Fulton County Inc reported total revenue of $3,665,718. Based on 13 IRS 990 filings on record.
What are Hospice Of Fulton County Inc's total assets?
Hospice Of Fulton County Inc holds total assets of $3,083,020 as reported in IRS 990 filings.
Where is Hospice Of Fulton County Inc located?
Hospice Of Fulton County Inc is based in Gloversville, New York.
What is Hospice Of Fulton County Inc's EIN?
Hospice Of Fulton County Inc's Employer Identification Number (EIN) is 222571531. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Hospice Of Fulton County Inc?
Hospice Of Fulton County Inc is classified under NTEE code Unknown (Unknown).
Is Hospice Of Fulton County Inc a registered 501(c)(3)?
Hospice Of Fulton County Inc appears in IRS records (EIN: 222571531). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Hospice Of Fulton County Inc file IRS Form 990?
Yes, Hospice Of Fulton County Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Hospice Of Fulton County Inc's revenue in 2023?
In the 202312 filing period, Hospice Of Fulton County Inc reported total revenue of $3,497,262, total expenses of $3,510,528, and net assets of $2,832,028.
Is Hospice Of Fulton County Inc's revenue growing or declining?
Hospice Of Fulton County Inc's revenue is relatively stable. Revenue went from $3,435,896 (202212) to $3,497,262 (202312), a +1.8% change. Based on 13 filings on record.
What is Hospice Of Fulton County Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Hospice Of Fulton County Inc covers tax period 202312. It shows revenue of $3,497,262, expenses of $3,510,528, total assets of $2,832,028, and liabilities of $400,033.
How much does Hospice Of Fulton County Inc spend on programs vs administration?
Based on IRS 990 analysis, Hospice Of Fulton County Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Hospice Of Fulton County Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Hospice Of Fulton County Inc appears trustworthy. Mission Score: 85/100 (Excellent). 1 red flag identified. 2 strengths noted.
What are the red flags for Hospice Of Fulton County Inc?
The following concerns were identified: Lack of detailed executive compensation information (c0% reported) makes it difficult to assess leadership's financial benefit from the organization.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Hospice Of Fulton County Inc's strengths?
Positive indicators for Hospice Of Fulton County Inc include: Consistent revenue and asset base over several years demonstrates financial stability.. Strong program spending focus, as implied by the mission and general hospice operational models.. These findings are derived from AI analysis of the organization's financial filings.
How does Hospice Of Fulton County Inc compensate executives?
Executive compensation is not explicitly detailed in the provided filings, with 'c0%' indicating no reported compensation for officers, directors, trustees, or key employees, suggesting either volunteer leadership or compensation is reported under other expense categories. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'c0%' for compensation, how does Hospice Of Fulton County Inc attract and retain qualified leadership and staff?
The 'c0%' for compensation suggests that either leadership is entirely volunteer-based, or compensation is reported under other expense categories not explicitly detailed as 'compensation' in the provided summary. Further investigation into their Form 990 would be necessary to understand their staffing and leadership compensation model.
Filing History
IRS 990 filing history for Hospice Of Fulton County Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hospice Of Fulton County Inc's revenue has declined by 12.4%, moving from $4.0M to $3.5M. Total assets decreased by 49.6% over the same period, from $5.6M to $2.8M. Total functional expenses fell by 7.4%, from $3.8M to $3.5M. In its most recent filing year (2023), Hospice Of Fulton County Inc reported a deficit of $13K, with expenses exceeding revenue. The organization holds $400K in liabilities against $2.8M in assets (debt-to-asset ratio: 14.1%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.5M | $3.5M | $2.8M | $400K | — | — |
| 2022 | $3.4M | $3.4M | $2.8M | $401K | — | — |
| 2021 | $3.4M | $3.2M | $2.7M | $288K | — | View 990 |
| 2020 | $3.2M | $3.0M | $2.7M | $426K | — | View 990 |
| 2019 | $3.1M | $3.0M | $2.6M | $527K | — | View 990 |
| 2018 | $3.2M | $3.3M | $2.7M | $658K | — | View 990 |
| 2017 | $3.0M | $3.2M | $2.8M | $646K | — | View 990 |
| 2016 | $3.2M | $3.2M | $3.1M | $721K | — | View 990 |
| 2015 | $3.2M | $3.2M | $3.3M | $970K | — | View 990 |
| 2014 | $3.5M | $3.5M | $3.4M | $1.1M | — | View 990 |
| 2013 | $3.7M | $3.5M | $3.2M | $935K | — | View 990 |
| 2012 | $3.8M | $3.8M | $5.5M | $1.1M | — | View 990 |
| 2011 | $4.0M | $3.8M | $5.6M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.5M, expenses of $3.5M, and assets of $2.8M (revenue +1.8% year-over-year).
- 2022: Revenue of $3.4M, expenses of $3.4M, and assets of $2.8M (revenue +1.8% year-over-year).
- 2021: Revenue of $3.4M, expenses of $3.2M, and assets of $2.7M (revenue +5.4% year-over-year).
- 2020: Revenue of $3.2M, expenses of $3.0M, and assets of $2.7M (revenue +3.8% year-over-year).
- 2019: Revenue of $3.1M, expenses of $3.0M, and assets of $2.6M (revenue -3.5% year-over-year).
- 2018: Revenue of $3.2M, expenses of $3.3M, and assets of $2.7M (revenue +7.5% year-over-year).
- 2017: Revenue of $3.0M, expenses of $3.2M, and assets of $2.8M (revenue -7.5% year-over-year).
- 2016: Revenue of $3.2M, expenses of $3.2M, and assets of $3.1M (revenue +0.2% year-over-year).
- 2015: Revenue of $3.2M, expenses of $3.2M, and assets of $3.3M (revenue -7.8% year-over-year).
- 2014: Revenue of $3.5M, expenses of $3.5M, and assets of $3.4M (revenue -5.6% year-over-year).
- 2013: Revenue of $3.7M, expenses of $3.5M, and assets of $3.2M (revenue -2.3% year-over-year).
- 2012: Revenue of $3.8M, expenses of $3.8M, and assets of $5.5M (revenue -5.4% year-over-year).
- 2011: Revenue of $4.0M, expenses of $3.8M, and assets of $5.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hospice Of Fulton County Inc:
Data Sources and Methodology
This transparency report for Hospice Of Fulton County 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.