High Hopes Foundation of New Hampshire Inc

Analysis

High Hopes Foundation of New Hampshire Inc is a registered charity in United States, based in Nashua, NH. It received its IRS tax-exemption ruling in March 1984, 42 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 August 2023, High Hopes Foundation of New Hampshire Inc reported income of $173k and spending of $130k, leaving 25% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income fell from $232k to $173k (-25%), an average of -25% a year. The sharpest change came in the year to August 2023, when income dropped by 25%. Over the whole period it spent 44% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, High Hopes Foundation of New Hampshire Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within NH. Charities of a similar size with the same main cause include Frederick Douglas Community Development Corp ($173k), Strongsville Youth Hockey Club ($173k) and Hamilton-Wenham Little League Inc ($173k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $332k against liabilities of $542, net assets of $332k.