Hospice Volunteers Of Waldo County
Hospice Volunteers Of Waldo County: Consistent Operations, Modest Reserves
EIN: 222668307 · Belfast, ME · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $105K |
| Total Expenses | $95K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $150,000 |
| Net Assets | $187K |
| Transparency Score | 75/100 |
Is Hospice Volunteers Of Waldo County Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hospice Volunteers Of Waldo County directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Hospice Volunteers Of Waldo County
Hospice Volunteers Of Waldo County (EIN: 222668307) is a nonprofit organization based in Belfast, ME. The organization reported total revenue of $105K and total assets of $193K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hospice Volunteers Of Waldo County's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hospice Volunteers Of Waldo County is a small 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 2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $86K |
| Total Expenses | $95K |
| Surplus / Deficit | $-9,314 |
| Total Assets | $187K |
| Net Assets | $187K |
| Operating Margin | -10.9% |
| Months of Reserves | 23.6 months |
Financial Health Grade: B
In 2023, Hospice Volunteers Of Waldo County reported a deficit of $9K with expenses exceeding revenue, holds 23.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Hospice Volunteers Of Waldo County's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.0% | -2.9% | +1.5% |
| 2022 | +54.8% | +8.3% | -15.4% |
| 2021 | -41.2% | -14.6% | -3.5% |
| 2020 | +26.0% | +9.9% | +20.8% |
| 2019 | -8.0% | +0.4% | +8.4% |
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 Volunteers Of Waldo County with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Hospice Volunteers Of Waldo County allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation information is not publicly disclosed in the provided data, indicating it is likely below the IRS reporting threshold of $150,000 for any individual.
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.
Strengths
The following positive indicators were identified for Hospice Volunteers Of Waldo County:
- Consistent operational history with stable revenue and expense patterns over several years.
- Maintains a healthy reserve fund, with assets covering nearly two years of operating expenses.
- No reported liabilities, indicating strong financial health.
Frequently Asked Questions about Hospice Volunteers Of Waldo County
Is Hospice Volunteers Of Waldo County a legitimate charity?
Hospice Volunteers Of Waldo County (EIN: 222668307) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $105K. No red flags identified. 3 strengths noted. Financial health grade: B.
How does Hospice Volunteers Of Waldo County spend its money?
Hospice Volunteers Of Waldo County directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Hospice Volunteers Of Waldo County tax-deductible?
Hospice Volunteers Of Waldo County is registered as a tax-exempt nonprofit (EIN: 222668307). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Hospice Volunteers Of Waldo County CEO make?
Hospice Volunteers Of Waldo County's highest-compensated officer earns $150,000 annually. The organization reported $105K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Hospice Volunteers Of Waldo County's spending goes to programs?
Hospice Volunteers Of Waldo County directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Hospice Volunteers Of Waldo County located?
Hospice Volunteers Of Waldo County is headquartered in Belfast, Maine and files with the IRS under EIN 222668307.
How many years of IRS 990 filings does Hospice Volunteers Of Waldo County have?
Hospice Volunteers Of Waldo County 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 $105K in total revenue.
What does Hospice Volunteers Of Waldo County do?
Hospice Volunteers Of Waldo County is a nonprofit organization in the Unknown sector, located in Belfast, Maine. It is classified under NTEE code Unknown.
How much revenue does Hospice Volunteers Of Waldo County have?
Hospice Volunteers Of Waldo County reported total revenue of $104,672. Based on 13 IRS 990 filings on record.
What are Hospice Volunteers Of Waldo County's total assets?
Hospice Volunteers Of Waldo County holds total assets of $193,231 as reported in IRS 990 filings.
Where is Hospice Volunteers Of Waldo County located?
Hospice Volunteers Of Waldo County is based in Belfast, Maine.
What is Hospice Volunteers Of Waldo County's EIN?
Hospice Volunteers Of Waldo County's Employer Identification Number (EIN) is 222668307. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Hospice Volunteers Of Waldo County?
Hospice Volunteers Of Waldo County is classified under NTEE code Unknown (Unknown).
Is Hospice Volunteers Of Waldo County a registered 501(c)(3)?
Hospice Volunteers Of Waldo County appears in IRS records (EIN: 222668307). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Hospice Volunteers Of Waldo County file IRS Form 990?
Yes, Hospice Volunteers Of Waldo County has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Hospice Volunteers Of Waldo County's revenue in 2023?
In the 202312 filing period, Hospice Volunteers Of Waldo County reported total revenue of $85,720, total expenses of $95,034, and net assets of $186,850.
Is Hospice Volunteers Of Waldo County's revenue growing or declining?
Hospice Volunteers Of Waldo County's revenue is declining. Revenue went from $102,001 (202212) to $85,720 (202312), a -16.0% change. Based on 13 filings on record.
What is Hospice Volunteers Of Waldo County's most recent 990 filing?
The most recent IRS Form 990 filing for Hospice Volunteers Of Waldo County covers tax period 202312. It shows revenue of $85,720, expenses of $95,034, total assets of $186,850, and liabilities of N/A.
How much does Hospice Volunteers Of Waldo County spend on programs vs administration?
Based on IRS 990 analysis, Hospice Volunteers Of Waldo County allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Hospice Volunteers Of Waldo County a trustworthy charity?
Based on AI analysis of IRS 990 data, Hospice Volunteers Of Waldo County appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 3 strengths noted.
What are Hospice Volunteers Of Waldo County's strengths?
Positive indicators for Hospice Volunteers Of Waldo County include: Consistent operational history with stable revenue and expense patterns over several years.. Maintains a healthy reserve fund, with assets covering nearly two years of operating expenses.. No reported liabilities, indicating strong financial health.. These findings are derived from AI analysis of the organization's financial filings.
How does Hospice Volunteers Of Waldo County compensate executives?
Executive compensation information is not publicly disclosed in the provided data, indicating it is likely below the IRS reporting threshold of $150,000 for any individual. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization sustain operations given that expenses ($95,034 in 2023) consistently exceed reported revenue ($85,720 in 2023) in recent years?
The organization appears to be drawing down on its accumulated assets or relying on unreported income streams to cover the deficit, as evidenced by expenses exceeding revenue in multiple years (e.g., 2023, 2022, 2021).
Filing History
IRS 990 filing history for Hospice Volunteers Of Waldo County showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hospice Volunteers Of Waldo County's revenue has grown by 31%, moving from $65K to $86K. Total assets increased by 183.9% over the same period, from $66K to $187K. Total functional expenses rose by 50.5%, from $63K to $95K. In its most recent filing year (2023), Hospice Volunteers Of Waldo County reported a deficit of $9K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $86K | $95K | $187K | $0 | — | — |
| 2022 | $102K | $98K | $184K | $0 | — | — |
| 2021 | $66K | $90K | $218K | $0 | — | — |
| 2020 | $112K | $106K | $226K | $0 | — | View 990 |
| 2019 | $89K | $96K | $187K | $0 | — | View 990 |
| 2018 | $97K | $96K | $172K | $0 | — | View 990 |
| 2017 | $111K | $94K | $175K | $0 | — | View 990 |
| 2016 | $97K | $76K | $158K | $1K | — | View 990 |
| 2015 | $79K | $71K | $136K | $142 | — | View 990 |
| 2014 | $107K | $70K | $135K | $1K | — | View 990 |
| 2013 | $78K | $66K | $95K | $240 | — | View 990 |
| 2012 | $80K | $68K | $79K | $2K | — | View 990 |
| 2011 | $65K | $63K | $66K | $36 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $86K, expenses of $95K, and assets of $187K (revenue -16.0% year-over-year).
- 2022: Revenue of $102K, expenses of $98K, and assets of $184K (revenue +54.8% year-over-year).
- 2021: Revenue of $66K, expenses of $90K, and assets of $218K (revenue -41.2% year-over-year).
- 2020: Revenue of $112K, expenses of $106K, and assets of $226K (revenue +26.0% year-over-year).
- 2019: Revenue of $89K, expenses of $96K, and assets of $187K (revenue -8.0% year-over-year).
- 2018: Revenue of $97K, expenses of $96K, and assets of $172K (revenue -13.1% year-over-year).
- 2017: Revenue of $111K, expenses of $94K, and assets of $175K (revenue +14.9% year-over-year).
- 2016: Revenue of $97K, expenses of $76K, and assets of $158K (revenue +23.2% year-over-year).
- 2015: Revenue of $79K, expenses of $71K, and assets of $136K (revenue -26.5% year-over-year).
- 2014: Revenue of $107K, expenses of $70K, and assets of $135K (revenue +37.0% year-over-year).
- 2013: Revenue of $78K, expenses of $66K, and assets of $95K (revenue -1.9% year-over-year).
- 2012: Revenue of $80K, expenses of $68K, and assets of $79K (revenue +21.7% year-over-year).
- 2011: Revenue of $65K, expenses of $63K, and assets of $66K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hospice Volunteers Of Waldo County:
Data Sources and Methodology
This transparency report for Hospice Volunteers Of Waldo County 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.