Hudson Valley Hospice Inc

Hudson Valley Hospice Inc. shows consistent revenue growth and asset accumulation with no reported officer compensation.

EIN: 141638619 · Poughkeepsie, NY · NTEE: P74Z · Updated: 2026-03-28

$57.1MRevenue

$41.4MAssets

90/100Mission Score (Excellent)

P74Z

About Hudson Valley Hospice Inc

Hudson Valley Hospice Inc (EIN: 141638619) is a nonprofit organization based in Poughkeepsie, NY, classified under NTEE code P74Z. The organization reported total revenue of $57.1M and total assets of $41.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hudson Valley Hospice Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Hudson Valley Hospice Inc. demonstrates strong financial health and growth, with revenue consistently exceeding expenses in recent years. For the 202312 period, the organization reported revenues of $46,666,807 against expenses of $42,509,052, indicating a healthy surplus. This trend of positive net income has allowed the organization to significantly increase its assets, growing from $10,688,704 in 201912 to $40,270,456 in 202312. The organization's NTEE code P74Z suggests a focus on hospice care, which is a direct service program. The consistent growth in revenue and assets, coupled with a lack of reported officer compensation, suggests a commitment to mission and efficient use of funds, although a detailed breakdown of program, administrative, and fundraising expenses would provide a clearer picture of spending efficiency.

The organization's financial trajectory shows remarkable expansion, with revenue nearly quadrupling from $11,413,484 in 201612 to $46,666,807 in 202312. This sustained growth indicates strong demand for its services and effective financial management. The absence of reported officer compensation across all provided filings is a significant positive indicator for transparency and dedication to mission, as it suggests that leadership is not drawing salaries from the organization. However, without a detailed functional expense breakdown, it's challenging to definitively assess the exact proportion of funds directly allocated to program services versus administrative or fundraising activities.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Hudson Valley Hospice Inc 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, Hudson Valley Hospice Inc 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.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all provided filings, indicating that its leadership is not drawing salaries, which is highly commendable for a nonprofit of its size and growth.

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 Hudson Valley Hospice Inc:

Consistent and significant revenue growth, from $8.8M in 2015 to $46.6M in 2023.
Strong asset accumulation, growing from $6.2M in 2015 to $40.2M in 2023.
Consistent positive net income (revenue exceeding expenses) in recent years.
0% reported officer compensation across all available filings, indicating high dedication to mission.
Healthy financial reserves with assets significantly exceeding liabilities (e.g., $40.2M assets vs. $11.9M liabilities in 202312).

Frequently Asked Questions about Hudson Valley Hospice Inc

Is Hudson Valley Hospice Inc. a good charity?

Based on the provided financial data, Hudson Valley Hospice Inc. appears to be a very good charity. It demonstrates strong financial health, consistent growth, and a notable absence of reported officer compensation, suggesting a high dedication to its mission.

How has Hudson Valley Hospice Inc.'s financial health changed over time?

Hudson Valley Hospice Inc. has experienced significant financial growth and improved health. Its revenue has increased from $8,852,324 in 201512 to $46,666,807 in 202312, and assets have grown from $6,299,331 to $40,270,456 in the same period, indicating robust expansion and financial stability.

What is the organization's approach to executive compensation?

The organization's approach to executive compensation is highly favorable, as it consistently reports 0% officer compensation in all available filings. This suggests that executive leadership is either unpaid or compensated through other means not categorized as officer compensation, which is a strong indicator of mission-first dedication.

How efficiently does Hudson Valley Hospice Inc. use its funds?

While a detailed functional expense breakdown is not provided, the consistent surplus of revenue over expenses (e.g., $46,666,807 revenue vs. $42,509,052 expenses in 202312) and the significant asset growth suggest efficient management. The absence of officer compensation further supports the idea that funds are being directed towards the organization's mission rather than high executive salaries.

Filing History

IRS 990 filing history for Hudson Valley Hospice Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Hudson Valley Hospice Inc's revenue has grown by 294.8%, moving from $11.8M to $46.7M. Total assets increased by 532.8% over the same period, from $6.4M to $40.3M. Total functional expenses rose by 269.3%, from $11.5M to $42.5M. In its most recent filing year (2023), Hudson Valley Hospice Inc reported a surplus of $4.2M, with revenue exceeding expenses. The organization holds $11.9M in liabilities against $40.3M in assets (debt-to-asset ratio: 29.6%), resulting in net assets of $28.4M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$46.7M	$42.5M	$40.3M	$11.9M	—	—
2022	$43.7M	$36.6M	$36.3M	$10.1M	—	View 990
2021	$35.6M	$27.6M	$27.2M	$6.5M	—	View 990
2020	$24.1M	$21.7M	$19.8M	$8.7M	—	View 990
2019	$19.0M	$18.2M	$10.7M	$2.8M	—	View 990
2018	$17.8M	$17.6M	$8.9M	$2.9M	—	View 990
2017	$16.8M	$15.9M	$8.5M	$2.3M	—	View 990
2016	$11.4M	$10.7M	$7.1M	$2.2M	—	View 990
2015	$8.9M	$9.2M	$6.3M	$2.7M	—	View 990
2014	$8.6M	$8.5M	$6.4M	$2.7M	—	View 990
2013	$9.3M	$9.3M	$6.9M	$2.9M	—	View 990
2012	$11.0M	$10.7M	$6.8M	$3.1M	—	View 990
2011	$12.4M	$11.9M	$6.4M	$3.2M	—	View 990
2010	$11.8M	$11.5M	$6.4M	$3.4M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $46.7M, expenses of $42.5M, and assets of $40.3M (revenue +6.7% year-over-year).
2022: Revenue of $43.7M, expenses of $36.6M, and assets of $36.3M (revenue +23.0% year-over-year).
2021: Revenue of $35.6M, expenses of $27.6M, and assets of $27.2M (revenue +47.6% year-over-year).
2020: Revenue of $24.1M, expenses of $21.7M, and assets of $19.8M (revenue +26.6% year-over-year).
2019: Revenue of $19.0M, expenses of $18.2M, and assets of $10.7M (revenue +6.6% year-over-year).
2018: Revenue of $17.8M, expenses of $17.6M, and assets of $8.9M (revenue +6.5% year-over-year).
2017: Revenue of $16.8M, expenses of $15.9M, and assets of $8.5M (revenue +46.8% year-over-year).
2016: Revenue of $11.4M, expenses of $10.7M, and assets of $7.1M (revenue +28.9% year-over-year).
2015: Revenue of $8.9M, expenses of $9.2M, and assets of $6.3M (revenue +2.9% year-over-year).
2014: Revenue of $8.6M, expenses of $8.5M, and assets of $6.4M (revenue -7.5% year-over-year).
2013: Revenue of $9.3M, expenses of $9.3M, and assets of $6.9M (revenue -15.5% year-over-year).
2012: Revenue of $11.0M, expenses of $10.7M, and assets of $6.8M (revenue -11.5% year-over-year).
2011: Revenue of $12.4M, expenses of $11.9M, and assets of $6.4M (revenue +5.1% year-over-year).
2010: Revenue of $11.8M, expenses of $11.5M, and assets of $6.4M.

Data Sources and Methodology

This transparency report for Hudson Valley 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.