ZUnclassifiedEIN: 751736007· Ruling Year: 1981

Hospice Of Midland Incorporated

Midland, Texas

A-Health Score
82A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.68×
Peer Median15.40×
💰
$7.7M
Total Revenue
📊
$7.6M
Total Expenses
🏦
$5.2M
Net Assets
📋
$2.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-11.0%
Year-over-year change (2022 → 2023)
Net Margin
+1.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.68
Net assets divided by total expenses
Liabilities-to-Assets
33.6%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$7,696,91611%$7,584,5145%$7,792,24238%
2022$8,646,35324%$7,985,91536%$5,635,5235%
2021$6,980,9488%$5,876,6095%$5,371,5647%
2020$6,451,51810%$5,576,2159%$5,033,68274%
2019$5,843,5508%$6,121,96012%$2,889,8798%
2018$5,387,2212%$5,464,2457%$3,134,5902%
2017$5,490,5282%$5,110,50323%$3,200,81117%
2016$5,372,35011%$4,159,5772%$2,742,11790%
2015$4,819,8319%$4,229,0262%$1,441,93420%
2014$4,440,52113%$4,131,66119%$1,200,5511%
2013$5,087,70913%$5,127,08723%$1,207,97112%
2012$5,868,413$6,676,795$1,370,459

Frequently Asked Questions

What does Hospice Of Midland Incorporated do?

Hospice Of Midland Incorporated is a unclassified nonprofit organization based in Texas. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Hospice Of Midland Incorporated financially healthy?

Based on our 9-metric Financial Health Score model, Hospice Of Midland Incorporated has a score of 82/100 (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 Incorporated generate?

Hospice Of Midland Incorporated reports $9.9M in annual revenue and holds $9.0M in total assets, based on IRS filings.

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