John Hope Settlement House

Analysis

John Hope Settlement House is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in May 1939, 87 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, John Hope Settlement House reported income of $1.4m and spending of $1.3m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $966k to $1.4m (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2022, when income rose by 50%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, John Hope Settlement House sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 78th percentile within RI. Charities of a similar size with the same main cause include Little Oaks Academy ($1.4m), Leaven Inc ($1.4m) and Counseling Connections for Change Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $76k (5.7% of expenses). Other salaries and wages came to $656k. At year end it held assets of $3.4m against liabilities of $278k, net assets of $3.2m. It reported 37 employees.