Hope After Loss Inc

Analysis

Hope After Loss Inc is a registered charity in United States, based in North Haven, CT. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover mental health and crisis intervention, 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 June 2023, Hope After Loss Inc reported income of $160k and spending of $163k, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $123k to $160k (+30%), an average of +9.1% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope After Loss Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within CT. Charities of a similar size with the same main cause include Sela Senci-Think Young ($160k), Believing for Bryleigh Foundation Inc ($160k) and Kid in the Corner Inc ($160k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% of the total. Compensation of current officers, directors and key employees was $46k (28% of expenses). Other salaries and wages came to $59k. At year end it held assets of $192k against liabilities of $0, net assets of $192k. It reported 2 employees.