The Community Hospice Inc

The Community Hospice Inc shows consistent financial growth and operational surpluses over the past decade.

EIN: 141608921 · Albany, NY · NTEE: P74Z · Updated: 2026-03-28

$43.1MRevenue
$81.2MAssets
88/100Mission Score (Excellent)
P74Z
The Community Hospice Inc Financial Summary
MetricValue
Total Revenue$43.1M
Total Expenses$33.5M
Program Spending85%
CEO/Top Officer Pay$40
Net Assets$62.3M
Transparency Score88/100

Is The Community Hospice Inc 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 →

The Community Hospice Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About The Community Hospice Inc

The Community Hospice Inc (EIN: 141608921) is a nonprofit organization based in Albany, NY, classified under NTEE code P74Z. The organization reported total revenue of $43.1M and total assets of $81.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Community Hospice Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

46Years Operating
LargeSize Classification
13Years of Filings
MixedRevenue Trajectory

The Community Hospice Inc is a large nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$41.0M
Total Expenses$33.5M
Surplus / Deficit+$7.5M
Total Assets$71.9M
Total Liabilities$9.6M
Net Assets$62.3M
Operating Margin18.2%
Debt-to-Asset Ratio13.3%
Months of Reserves25.7 months

Financial Health Grade: A

In 2023, The Community Hospice Inc reported a surplus of $7.5M with revenue exceeding expenses, holds 25.7 months of operating reserves (strong position), has a debt-to-asset ratio of 13.3% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), The Community Hospice Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.

YearRevenue ChangeExpense ChangeAsset Change
2023+2.4%+6.9%+12.8%
2022+1.6%-1.1%+6.6%
2021-5.3%-15.1%+21.4%
2020+12.9%+5.2%+10.6%
2019+3.3%+3.3%+10.0%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1980

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

AI Transparency Report

The Community Hospice Inc demonstrates strong financial health and consistent growth over the past decade. With latest reported revenue of $43,071,808 and assets of $81,223,760, the organization has significantly expanded its financial capacity. The trend shows a healthy increase in assets from $47,114,059 in 2014 to $81,223,760 currently, indicating effective asset management and accumulation. The organization consistently reports positive net income, with expenses generally well below revenue, such as in 2023 where revenue was $40,996,186 and expenses were $33,541,611, demonstrating operational efficiency. The organization's spending efficiency appears robust, as evidenced by the consistent surplus of revenue over expenses in most recent years. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial picture suggests a well-managed operation. The absence of reported officer compensation across all filings is a notable point regarding executive remuneration, suggesting that top leadership may be compensated through other means or that the organization operates with a volunteer executive board, which could contribute to lower administrative overhead. Transparency is generally good, with 13 years of IRS 990 filings available, indicating a commitment to public disclosure. The consistent reporting of key financial metrics allows for a clear understanding of the organization's financial trajectory. The lack of reported officer compensation, while potentially positive for efficiency, could also warrant further investigation to understand the full compensation structure for key management personnel, as it's unusual for an organization of this size to report zero officer compensation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates The Community Hospice Inc with a Mission Score of 88 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, The Community 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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$41.0MTotal Revenue
$33.5MTotal Expenses
$71.9MTotal Assets
$9.6MTotal Liabilities
$62.3MNet Assets
  • The organization reported a surplus of $7.5M, with revenue exceeding expenses.
  • Debt-to-asset ratio: 13.3%.

Executive Compensation Analysis

The IRS 990 filings consistently report 0% officer compensation, which is highly unusual for an organization with over $40 million in annual revenue and $81 million in assets. This suggests that executive leadership may be compensated through other mechanisms not categorized as 'officer compensation' or that the organization relies heavily on volunteer leadership, which would be a significant cost-saving measure.

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 The Community Hospice Inc's IRS 990 filings:

  • Unusual 0% officer compensation reported across all filings, warranting further scrutiny into executive remuneration structure.

Strengths

The following positive indicators were identified for The Community Hospice Inc:

  • Consistent revenue growth over the past decade, from $37,933,408 in 2014 to $43,071,808 currently.
  • Strong asset growth, increasing from $47,114,059 in 2014 to $81,223,760, indicating robust financial health.
  • Consistent operational surpluses in most recent years, demonstrating effective expense management.
  • Extensive filing history (13 filings) provides good transparency into financial trends.
  • Low liabilities relative to assets, indicating a strong balance sheet (e.g., $9,582,831 liabilities vs. $71,923,430 assets in 2023).

Frequently Asked Questions about The Community Hospice Inc

Is The Community Hospice Inc a legitimate charity?

The Community Hospice Inc (EIN: 141608921) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $43.1M. 1 red flag identified. 5 strengths noted. Financial health grade: A.

How does The Community Hospice Inc spend its money?

The Community Hospice Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to The Community Hospice Inc tax-deductible?

The Community Hospice Inc is registered as a tax-exempt nonprofit (EIN: 141608921). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the The Community Hospice Inc CEO make?

The Community Hospice Inc's highest-compensated officer earns $40 annually. The organization reported $43.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of The Community Hospice Inc's spending goes to programs?

The Community Hospice Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does The Community Hospice Inc compare to similar nonprofits?

With a transparency score of 88/100 (Excellent), The Community Hospice Inc is above average for NTEE category P74Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is The Community Hospice Inc located?

The Community Hospice Inc is headquartered in Albany, New York and files with the IRS under EIN 141608921. It is classified under NTEE code P74Z.

How many years of IRS 990 filings does The Community Hospice Inc have?

The Community Hospice 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 $43.1M in total revenue.

How does The Community Hospice Inc manage to report 0% officer compensation?

The consistent reporting of 0% officer compensation across all 13 filings is highly unusual for an organization of this scale. It suggests that either the top leadership is entirely volunteer, or their compensation is structured in a way that is not categorized as 'officer compensation' on the 990 form, such as through a related entity or as general employee salaries. Further investigation into their detailed compensation schedules would be necessary to understand this fully.

What is the organization's long-term strategy for asset growth?

The Community Hospice Inc has shown consistent asset growth, increasing from $47,114,059 in 2014 to $81,223,760 currently. This indicates a strategy of reinvesting surpluses and potentially through capital campaigns or endowments. This growth provides a strong financial foundation for future operations and expansion of services.

Is the organization financially stable given its revenue and expense trends?

Yes, the organization appears financially stable. In most recent years, revenue has consistently exceeded expenses (e.g., $40,996,186 revenue vs. $33,541,611 expenses in 2023), leading to healthy surpluses. This trend, coupled with significant asset growth, indicates strong financial management and stability.

Filing History

IRS 990 filing history for The Community Hospice Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), The Community Hospice Inc's revenue has declined by 2.7%, moving from $42.1M to $41.0M. Total assets increased by 82.5% over the same period, from $39.4M to $71.9M. Total functional expenses fell by 19.2%, from $41.5M to $33.5M. In its most recent filing year (2023), The Community Hospice Inc reported a surplus of $7.5M, with revenue exceeding expenses. The organization holds $9.6M in liabilities against $71.9M in assets (debt-to-asset ratio: 13.3%), resulting in net assets of $62.3M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $41.0M $33.5M $71.9M $9.6M
2022 $40.0M $31.4M $63.7M $9.9M View 990
2021 $39.4M $31.7M $59.8M $10.1M
2020 $41.6M $37.4M $49.3M $10.4M
2019 $36.9M $35.6M $44.5M $9.2M View 990
2018 $35.7M $34.4M $40.5M $7.2M View 990
2017 $36.2M $35.6M $39.4M $7.3M View 990
2016 $37.4M $37.9M $38.4M $7.1M View 990
2015 $39.7M $39.8M $39.4M $6.9M View 990
2014 $37.9M $39.0M $47.1M $7.9M View 990
2013 $20.1M $20.4M $45.9M $9.4M View 990
2012 $41.5M $41.3M $44.6M $9.7M View 990
2011 $42.1M $41.5M $39.4M $8.5M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $41.0M, expenses of $33.5M, and assets of $71.9M (revenue +2.4% year-over-year).
  • 2022: Revenue of $40.0M, expenses of $31.4M, and assets of $63.7M (revenue +1.6% year-over-year).
  • 2021: Revenue of $39.4M, expenses of $31.7M, and assets of $59.8M (revenue -5.3% year-over-year).
  • 2020: Revenue of $41.6M, expenses of $37.4M, and assets of $49.3M (revenue +12.9% year-over-year).
  • 2019: Revenue of $36.9M, expenses of $35.6M, and assets of $44.5M (revenue +3.3% year-over-year).
  • 2018: Revenue of $35.7M, expenses of $34.4M, and assets of $40.5M (revenue -1.5% year-over-year).
  • 2017: Revenue of $36.2M, expenses of $35.6M, and assets of $39.4M (revenue -3.1% year-over-year).
  • 2016: Revenue of $37.4M, expenses of $37.9M, and assets of $38.4M (revenue -5.9% year-over-year).
  • 2015: Revenue of $39.7M, expenses of $39.8M, and assets of $39.4M (revenue +4.7% year-over-year).
  • 2014: Revenue of $37.9M, expenses of $39.0M, and assets of $47.1M (revenue +88.3% year-over-year).
  • 2013: Revenue of $20.1M, expenses of $20.4M, and assets of $45.9M (revenue -51.4% year-over-year).
  • 2012: Revenue of $41.5M, expenses of $41.3M, and assets of $44.6M (revenue -1.6% year-over-year).
  • 2011: Revenue of $42.1M, expenses of $41.5M, and assets of $39.4M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for The Community Hospice Inc:

2023 Filing 2022 Filing 2021 Filing 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 The Community 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.

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