Hope Rising for Children Inc

Analysis

Hope Rising for Children Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2004, 22 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 December 2022, Hope Rising for Children Inc reported income of $62k and spending of $38k, leaving 39% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $58k to $62k (+7.6%), an average of +2.5% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Rising for Children Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 12th percentile within DC. Charities of a similar size with the same main cause include Lasalle County Farm Bureau Foundation ($62k), Parent Next Door ($62k) and Itiah Angels for Learning Inc ($62k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $311k against liabilities of $0, net assets of $311k.