Hope Counseling and Behavioral Health Center Inc

Analysis

Hope Counseling and Behavioral Health Center Inc is a registered charity in United States, based in Shelton, CT. It received its IRS tax-exemption ruling in January 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hope Counseling and Behavioral Health Center Inc reported income of $889k and spending of $929k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $889k (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2022, when income dropped by 15%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Counseling and Behavioral Health Center Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within CT. Charities of a similar size with the same main cause include Allen Credit & Debt Counseling Agency ($889k), NC Field Inc ($889k) and Womens Crisis Support Team ($889k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.7% and program service revenue 96% of the total. Other salaries and wages came to $688k. At year end it held assets of $780k against liabilities of $485k, net assets of $294k. It reported 15 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.