Home of Hope Cancer Wellness Centers

Analysis

Home of Hope Cancer Wellness Centers is a registered charity in United States, based in Dixon, IL. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Home of Hope Cancer Wellness Centers reported income of $194k and spending of $196k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $203k to $194k (-4.4%), an average of -1.1% a year. The sharpest change came in the year to December 2022, when income rose by 60%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Home of Hope Cancer Wellness Centers sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within IL. Charities of a similar size with the same main cause include Cancertelethonorg Inc ($194k), National Council on Alcoholism and Drug Dependence Tulare County Inc ($194k) and Zebrafish Disease Models Society ($194k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% of the total. Compensation of current officers, directors and key employees was $65k (33% of expenses). Other salaries and wages came to $60k. At year end it held assets of $850k against liabilities of $2,265, net assets of $847k. It reported 8 employees.