Human Services
(P740)
IRS Verified
DX Registered
990 on File
HOSPICE OF SPOKANE
Financial strength (30%)
81/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Hospice of Spokane embraces its role as a model for excellence in end-of-life care. We are a not-for-profit, non-denominational, community based organization that:-Affirms life and intends to neither hasten nor prolong death;-Honors the dignity of the terminally ill;-Strives to alleviate suffering - physical, emotional, social and spiritual;-Provides comprehensive hospice care and services;-Educates the community about hospice services and end of life issues;-Offers bereavement counseling services and support;-Embraces all cultures.
Financial Overview — FY 2023
$23.9M
Total Revenue
$20.7M
Total Expenses
$64.4M
Net Assets
169
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
85.7%
Fundraising Efficiency
287.3%
Operating Reserve
37.34x
Liability-to-Asset
3.6%
Revenue Diversification
90.4%
Executive Compensation
$820K
Compared with Peers
FY 2023
Compared with 2,996 similar organizations
(United States, Human Services, $10M–$100M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
85.7% | 87.4% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
13.0% | 11.3% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.3% | 0.2% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
287.3% | 427.2% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
37.3 mo | 6.3 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
3.6% | 34.8% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
90.4% | 93.0% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
15.2% | 6.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-0.8% | 8.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
13.3% | 1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $23.9M | $20.7M | $64.4M | 85.7% | 169 |
| 2022 | $20.7M | $20.9M | $56.4M | 86.8% | 174 |
| 2021 | $29.1M | $22.0M | N/A | — | 208 |
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