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North Carolina · Nonprofit

HOSPICE OF WAKE COUNTY INC

HOSPICE OF WAKE COUNTY INC (North Carolina) receives grants from 88 organizations whose IRS filings report $8,181,915 to it, the largest being FOUNDATION FOR THE CAROLINAS ($1,229,818). 57 of them have funded it in more than one year, and 50% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$54M
Funders on record
88
Grants received
$8.2M
Net assets
$18M
57/88 repeat funderspeak grant-dependency 2%
01What it does

What Hospice of Wake County Inc does

Mission

To care for individuals and families with compassion, support, and expertise as they navigate the end of life or life-changing illness.

As stated on its FY2024 Form 990.

Programs

  1. Hospice provided at home medical care for the terminally ill as well as palliative care, grief counseling for hospice families and the community and educational programs relating to end of life care.

    $48,084,400 spent$50,914,159 earned by the program
    96% of program spending
  2. Transitions kids compassionately cares for children, families, and communities significantly impacted by illness or loss on their sacred journey of love, exasperation, triumph; to offer our gifts, skills, and informed perspectives through education, advocacy, and adventure. Services include: home based interdisciplinary care with access to nursing, social work, spiritual care, and physicians 24/7: coordination with community providers to assure continuity across care locations: and support for child as well as siblings and other family members affected by child's illness.

    $1,968,121 spent
    4% of program spending

The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $50,052,521.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($40M) Expenses 100 ($41M) Net assets 100 ($20M)2018 Revenue 110 ($44M) Expenses 109 ($44M) Net assets 96 ($19M)2019 Revenue 134 ($53M) Expenses 125 ($51M) Net assets 106 ($21M)2020 Revenue 140 ($55M) Expenses 133 ($54M) Net assets 113 ($23M)2021 Revenue 128 ($51M) Expenses 133 ($54M) Net assets 95 ($19M)2022 Revenue 114 ($45M) Expenses 126 ($51M) Net assets 65 ($13M)2023 Revenue 111 ($44M) Expenses 107 ($44M) Net assets 67 ($14M)2024 Revenue 136 ($54M) Expenses 121 ($49M) Net assets 90 ($18M)
'17'18'19'20'21'22'23'24
Revenue (136)Expenses (121)Net assets (90)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $23M to $26M (+11%).

$24M
$23M
$26M
$28M
$25M
$23M
$24M
$26M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2018 0% · 2019 0% · 2020 5% · 2021 1% · 2022 0% · 2023 0% · 2024 0%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

−$1.1M
’17
−$756k
’18
$2.0M
’19
$1.3M
’20
−$3.5M
’21
−$6.1M
’22
$476k
’23
$4.5M
’24
1.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Dr Adam Wolk

CEO

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2023 and FY2024 filings.

'17'18'19'20'21'22'23'24
Listed4027292928303125
Joined·+2+3+10+4+8+9+4
No longer listed·1511056810
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 25 funders to 42 funders, grant income rose $419k → $1.0M.

17 of 88 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 50% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $1.8M from one payer (the payer shares this organization's board, largest Hospice of Wake County Foundation Inc). These are real filings, and they are not money HOSPICE OF WAKE COUNTY INC raised.

From the IRS filings of HOSPICE OF WAKE COUNTY INC’s funders (the co-funder graph). Top 30 of 88 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

HOSPICE OF WAKE COUNTY INC has a broad base — no single funder exceeds 15% of grant income, and it takes 6 funders to reach half.

the vertical line marks half of all grant income — 6 funders to its left

57% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund HOSPICE OF WAKE COUNTY INC.

15%
largest funder
35%
top three
~16
effective funders

Largest funder’s share by year: 2017 20% · 2018 12% · 2019 44% · 2020 35% · 2021 38% · 2022 13% · 2023 12% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

47% of HOSPICE OF WAKE COUNTY INC's funders are still giving 3 years after their first grant; 65% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

50% of HOSPICE OF WAKE COUNTY INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $4.1M that is directly attributable, 94% of it comes from North Carolina funders.

WI
MI
NY
PA
NJ
CA
VA
MD
DE
NC
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $4.1M arriving through sponsors registered in 12 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like HOSPICE OF WAKE COUNTY INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

86% of spending goes to programs.

Program 86%Management 13%Fundraising 1%

Governance

16
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 1 related entity

  • Hospice of Wake County Foundation Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for HOSPICE OF WAKE COUNTY INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds HOSPICE OF WAKE COUNTY INC?
HOSPICE OF WAKE COUNTY INC (North Carolina) receives grants from 88 organizations whose IRS filings report $8,181,915 to it, the largest being FOUNDATION FOR THE CAROLINAS ($1,229,818). 57 of them have funded it in more than one year, and 50% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does HOSPICE OF WAKE COUNTY INC have?
IRS filings report 88 organizations giving $8,181,915 in grants to HOSPICE OF WAKE COUNTY INC, 57 of which have funded it in more than one year.
Who is the largest funder of HOSPICE OF WAKE COUNTY INC?
FOUNDATION FOR THE CAROLINAS is the largest funder on record, with $1,229,818 in grants. The full list of funders is on this page.
How can an organization like HOSPICE OF WAKE COUNTY INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Hospice of Wake County →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 88 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing