A Little Hope Inc

Analysis

A Little Hope Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 December 2023, A Little Hope Inc reported income of $110k and spending of $68k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $240k to $110k (-54%), an average of -18% a year. The sharpest change came in the year to December 2022, when income rose by 235%. Over the whole period it spent 97% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, A Little Hope Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Tool Volunteer Fire Department Inc ($110k), Kenilworth Vol Fire Company ($111k) and Cats Cradle of Greater Richmond Incorporated ($110k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $210k against liabilities of $2,100, net assets of $208k.