Hosparus Health
Meets Standards
Standards For Charity Accountability
Governance
-
Board Oversight
-
Board Size
-
Board Meetings
-
Board Compensation
-
Conflict of Interest
Measuring Effectiveness
-
Effectiveness Policy
-
Effectiveness Report
Finances
-
Program Expenses
-
Fundraising Expenses
-
Accumulating Funds
-
Audit Report
-
Detailed Expense Breakdown
-
Accurate Expense Reporting
-
Budget Plan
Fundraising & Info
-
Truthful Materials
-
Annual Report
-
Website Disclosures
-
Donor Privacy
-
Cause Marketing Disclosures
-
Complaints
Hosparus Health meets the 20 Standards for Charity Accountability.
Stated Purpose:
Through compassion, dignity, and excellence, Hosparus Health seeks to enhance the quality of life for those impacted by serious illness.
Year, State Incorporated:
1976, KY
Also Known As:
Hosparus, Inc.
Hosparus Health provides hospice and palliative care through teams of healthcare professionals and specially trained volunteers, providing symptom control, medication management, personal care, counseling, and spiritual care for patients of all ages with life-limiting illness.
The Hosparus Health Kourageous Kids Pediatric Care Program, one of the first of its kind in the nation, allows families to continue to seek curative treatment while receiving services. Additionally, Hosparus Health offers a full range of individual and family grief counseling services to patients’ families and others in the service area who have experienced loss. It accepts Medicare, Medicaid, private insurance, and direct payment on a sliding scale. Services are available regardless of a patient’s ability to pay.
Hosparus Health serves more than 10,000 patients and family members in a 41-county service area that includes eight Southern Indiana counties and 33 Kentucky counties, including the Louisville metropolitan area.
For the year ended December 31, 2024, Hosparus Health's program expenses were:
| Patient care | $76,871,692 |
| Marketing and educational research | $3,947,830 |
| Total Program Expenses | $80,819,522 |
Chief Executive
David Cook, President/Chief Executive Officer
Chair of the Board
Stephanie Livers
Chair's Profession / Business Affiliation
Attorney/Owner, Livers Law
Board Size
14
Method(s) Used:
Direct mail appeals, Print advertisements (newspapers, magazines, etc.), Television, Grant proposals, Internet, Planned giving arrangements, Cause-related marketing (affinity credit cards, consumer product sales, etc.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Hosparus Health's audited financial statements - consolidated for the year ended December 31, 2024.
Source of Funds
| Net patient service revenue | $92,851,648 |
| Contributions | $4,236,193 |
| Net unrealized gains | $1,999,427 |
| Investment income | $1,935,144 |
| Thrift sales | $870,644 |
| Fundraising events, net | $355,590 |
| Other revenue | $283,439 |
| Net unrealized gain on investments | $76,735 |
| Interest | $-25,109 |
| Loss of disposal of property and equipment | $-330,868 |
| Total Income | $102,252,843 |
Programs: 81% Fundraising: 2% Administrative: 16%
| Total Income | $102,252,843 |
| Total expenses: | $99,282,004 |
| Program expenses | $80,819,522 |
| Fundraising expenses | $2,176,127 |
| Administrative expenses | $16,286,355 |
| Other expenses | $0 |
| Income in Excess of Expenses | $2,970,839 |
| Beginning Net Assets | $78,841,732 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $81,812,571 |
| Total Liabilities | $118,135,125 |
| Total Assets | $99,947,696 |
Total assets as reported above include $24,675,196 in property and equipment, net.
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
