Hospice Of Jefferson County Inc
Hospice Of Jefferson County Inc maintains stable finances with no reported officer compensation.
EIN: 161266041 · Watertown, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.7M |
| Total Expenses | $3.4M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3.7M |
| Net Assets | $8.4M |
| Transparency Score | 92/100 |
Is Hospice Of Jefferson 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 Jefferson County Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hospice Of Jefferson County Inc
Hospice Of Jefferson County Inc (EIN: 161266041) is a nonprofit organization based in Watertown, NY. The organization reported total revenue of $3.7M and total assets of $8.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hospice Of Jefferson County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hospice Of Jefferson County Inc is a mid-size nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.6M |
| Total Expenses | $3.4M |
| Surplus / Deficit | +$168K |
| Total Assets | $8.7M |
| Total Liabilities | $262K |
| Net Assets | $8.4M |
| Operating Margin | 4.7% |
| Debt-to-Asset Ratio | 3.0% |
| Months of Reserves | 30.7 months |
Financial Health Grade: A
In 2023, Hospice Of Jefferson County Inc reported a surplus of $168K with revenue exceeding expenses, holds 30.7 months of operating reserves (strong position), has a debt-to-asset ratio of 3.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hospice Of Jefferson County Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.8% | +9.8% | +2.3% |
| 2022 | -8.8% | +15.1% | -9.5% |
| 2021 | +24.9% | -9.2% | +8.1% |
| 2020 | -5.0% | +6.1% | -1.3% |
| 2019 | -0.9% | +8.2% | +4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Jefferson County Inc with a Mission Score of 92 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Hospice Of Jefferson County Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $168K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of this size ($3.7M latest revenue) and suggests a strong volunteer leadership or that compensation is reported differently.
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 Jefferson County Inc's IRS 990 filings:
- Lack of detailed spending breakdown (program vs. admin vs. fundraising) in provided summary data
- Unusually low (0%) reported officer compensation for an organization of this size, which might warrant further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Hospice Of Jefferson County Inc:
- Consistent revenue growth, from $2,223,791 in 2015 to $3,731,327 currently.
- Healthy asset growth, from $7,775,460 in 2015 to $8,943,953 currently.
- Generally positive net income (revenue exceeding expenses) in most recent years, such as $168,243 in 2023.
- No reported officer compensation, suggesting high efficiency in directing funds to mission.
- Consistent IRS 990 filing history, indicating good transparency.
Frequently Asked Questions about Hospice Of Jefferson County Inc
Is Hospice Of Jefferson County Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hospice Of Jefferson County Inc (EIN: 161266041) some concerns. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
How does Hospice Of Jefferson County Inc spend its money?
Hospice Of Jefferson County Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hospice Of Jefferson County Inc tax-deductible?
Hospice Of Jefferson County Inc is registered as a tax-exempt nonprofit (EIN: 161266041). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Hospice Of Jefferson County Inc CEO make?
Hospice Of Jefferson County Inc's highest-compensated officer earns $3.7M annually. The organization reported $3.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Hospice Of Jefferson County Inc's spending goes to programs?
Hospice Of Jefferson County Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Hospice Of Jefferson County Inc located?
Hospice Of Jefferson County Inc is headquartered in Watertown, New York and files with the IRS under EIN 161266041.
How many years of IRS 990 filings does Hospice Of Jefferson County Inc have?
Hospice Of Jefferson 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.
Is Hospice Of Jefferson County Inc a good charity?
Based on the available financial data, Hospice Of Jefferson County Inc appears to be a well-managed charity. It consistently operates with revenues generally exceeding expenses, has growing assets, and notably reports 0% officer compensation, suggesting a high dedication to its mission.
How has the organization's financial health changed over time?
The organization has shown consistent financial growth and stability. Its assets have increased from $7,775,460 in 2015 to $8,943,953 currently, and revenues have generally trended upwards, from $2,223,791 in 2015 to $3,731,327 currently, indicating a healthy financial trajectory.
What is the significance of 0% officer compensation?
The 0% officer compensation across all filings is highly significant. It suggests that the organization's leadership may be entirely volunteer-based or that compensation is structured in a way that it is not reported under 'officer compensation' on the 990, which would be unusual for an organization of this size. If truly volunteer-led, it indicates a very high efficiency in directing funds to programs.
Filing History
IRS 990 filing history for Hospice Of Jefferson County Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hospice Of Jefferson County Inc's revenue has grown by 128.1%, moving from $1.6M to $3.6M. Total assets increased by 27.5% over the same period, from $6.8M to $8.7M. Total functional expenses rose by 132.9%, from $1.5M to $3.4M. In its most recent filing year (2023), Hospice Of Jefferson County Inc reported a surplus of $168K, with revenue exceeding expenses. The organization holds $262K in liabilities against $8.7M in assets (debt-to-asset ratio: 3.0%), resulting in net assets of $8.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.6M | $3.4M | $8.7M | $262K | — | — |
| 2022 | $2.9M | $3.1M | $8.5M | $196K | — | View 990 |
| 2021 | $3.2M | $2.7M | $9.4M | $228K | — | View 990 |
| 2020 | $2.5M | $3.0M | $8.7M | $691K | — | View 990 |
| 2019 | $2.7M | $2.8M | $8.8M | $209K | — | View 990 |
| 2018 | $2.7M | $2.6M | $8.4M | $218K | — | View 990 |
| 2017 | $2.4M | $2.4M | $8.0M | $181K | — | View 990 |
| 2016 | $2.3M | $2.3M | $7.8M | $173K | — | View 990 |
| 2015 | $2.2M | $2.2M | $7.8M | $275K | — | View 990 |
| 2014 | $2.2M | $2.2M | $8.3M | $197K | — | View 990 |
| 2013 | $2.0M | $2.2M | $8.3M | $182K | — | View 990 |
| 2012 | $1.9M | $1.8M | $7.4M | $165K | — | View 990 |
| 2011 | $1.6M | $1.5M | $6.8M | $157K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.6M, expenses of $3.4M, and assets of $8.7M (revenue +22.8% year-over-year).
- 2022: Revenue of $2.9M, expenses of $3.1M, and assets of $8.5M (revenue -8.8% year-over-year).
- 2021: Revenue of $3.2M, expenses of $2.7M, and assets of $9.4M (revenue +24.9% year-over-year).
- 2020: Revenue of $2.5M, expenses of $3.0M, and assets of $8.7M (revenue -5.0% year-over-year).
- 2019: Revenue of $2.7M, expenses of $2.8M, and assets of $8.8M (revenue -0.9% year-over-year).
- 2018: Revenue of $2.7M, expenses of $2.6M, and assets of $8.4M (revenue +13.4% year-over-year).
- 2017: Revenue of $2.4M, expenses of $2.4M, and assets of $8.0M (revenue +4.3% year-over-year).
- 2016: Revenue of $2.3M, expenses of $2.3M, and assets of $7.8M (revenue +2.9% year-over-year).
- 2015: Revenue of $2.2M, expenses of $2.2M, and assets of $7.8M (revenue +1.3% year-over-year).
- 2014: Revenue of $2.2M, expenses of $2.2M, and assets of $8.3M (revenue +8.8% year-over-year).
- 2013: Revenue of $2.0M, expenses of $2.2M, and assets of $8.3M (revenue +4.7% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.8M, and assets of $7.4M (revenue +23.5% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.5M, and assets of $6.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hospice Of Jefferson County Inc:
Data Sources and Methodology
This transparency report for Hospice Of Jefferson 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.