Deafhope

Analysis

Deafhope is a registered charity in United States, based in Richmond, CA. It received its IRS tax-exemption ruling in September 2003, 23 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 2023, Deafhope reported income of $1.1m and spending of $574k, leaving 49% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $126k to $1.1m (+782%), an average of +107% a year. The sharpest change came in the year to December 2021, when income rose by 347%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Deafhope 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 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Coalition on Homelessness ($1.1m), Plymouth Intergenerational Coalition Ltd ($1.1m) and Community Life Line ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $236k (41% of expenses). Other salaries and wages came to $219k. At year end it held assets of $829k against liabilities of $49k, net assets of $780k. It reported 7 employees.