Education and Hope

Analysis

Education and Hope is a registered charity in United States, based in Darien, CT. It received its IRS tax-exemption ruling in November 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Education and Hope reported income of $648k and spending of $850k, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $524k to $648k (+24%), an average of +5.4% a year. The sharpest change came in the year to December 2020, when income rose by 53%. Over the whole period it spent 107% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Education and Hope sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within CT. Charities of a similar size with the same main cause include Colquitt County Packer Foundation Inc ($648k), Burning Ones Inc ($649k) and University of Missouri-Columbia Medical Alliance ($647k).

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 $333k. At year end it held assets of $1.1m against liabilities of $37k, net assets of $1.0m. It reported 2 employees.