Hopeline Womens Center Inc

Analysis

Hopeline Womens Center Inc is a registered charity in United States, based in Bridgeport, CT. It received its IRS tax-exemption ruling in November 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Hopeline Womens Center Inc reported income of $730k and spending of $823k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $615k to $730k (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hopeline Womens Center Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within CT. Charities of a similar size with the same main cause include Key Boulevard Housing Development Corporation ($730k), Iowa Construction Career Institue Inc ($730k) and Umkc Alumni Association ($730k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $315k. At year end it held assets of $1.3m against liabilities of $862k, net assets of $480k. It reported 20 employees.