P โ€” Human ServicesEIN: 311732824ยท Ruling Year: 2000

Hospice Of Midland Endowment Inc

Midland, Texas

A-Health Score
84A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

๐Ÿ’ฐ
$3.2M
Total Revenue
๐Ÿ“Š
$824K
Total Expenses
๐Ÿฆ
$24.4M
Net Assets
๐Ÿ“‹
$193K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+10.9%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+73.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
29.65
Net assets divided by total expenses
Liabilities-to-Assets
0.8%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$3,156,256โ†‘11%$824,458โ†‘26%$24,637,247โ†‘8%
2022$2,845,928โ†‘119%$655,708โ†‘69%$22,914,843โ†‘4%
2021$1,300,728โ†‘37%$388,343โ†“20%$22,002,986โ†‘27%
2020$951,960โ†“53%$485,707โ†‘10%$17,383,625โ†“7%
2019$2,024,720โ†‘187%$440,794โ†‘4%$18,743,477โ†‘7%
2018$706,496โ†“7%$424,717โ†‘13%$17,436,294โ†‘6%
2017$761,611โ†“78%$376,151โ†‘24%$16,501,160โ†‘7%
2016$3,431,236โ†‘451%$302,217โ†“15%$15,383,102โ†‘23%
2015$622,664โ†‘45%$353,555โ†‘7%$12,463,459โ†‘4%
2014$429,777โ†‘5%$331,930โ†‘23%$11,997,552โ†‘9%
2013$410,983โ†“13%$270,264โ†“52%$10,986,709โ†‘9%
2012$472,543$562,354$10,076,925

Frequently Asked Questions

What does Hospice Of Midland Endowment Inc do?โ–ผ

Hospice Of Midland Endowment Inc is a human services nonprofit organization based in Texas. It is classified under NTEE code P74 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Hospice Of Midland Endowment Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Hospice Of Midland Endowment Inc has a score of 84/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Hospice Of Midland Endowment Inc generate?โ–ผ

Hospice Of Midland Endowment Inc reports $7.3M in annual revenue and holds $26.8M in total assets, based on IRS filings.

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Hospice Of Midland Endowment Inc โ€” Midland, TX | GiveScope