Hope and Justice Project Inc

Analysis

Hope and Justice Project Inc is a registered charity in United States, based in Presque Isle, ME. It received its IRS tax-exemption ruling in July 1980, 46 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Hope and Justice Project Inc reported income of $1.4m and spending of $1.6m, spending 110% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.7m to $1.4m (-17%), an average of -4.5% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hope and Justice Project Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within ME. Charities of a similar size with the same main cause include Region IX Head Start Association ($1.4m), Skaalen Retirement Services Inc ($1.4m) and People Aiding the Multi-Handicapped P a M Group Home ($1.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 96% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $94k (6.0% of expenses). Other salaries and wages came to $724k. At year end it held assets of $2.0m against liabilities of $1.5m, net assets of $444k. It reported 23 employees.