House of Life and Hope Inc

Analysis

House of Life and Hope Inc is a registered charity in United States, based in Nogales, AZ. It received its IRS tax-exemption ruling in September 2005, 21 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, House of Life and Hope Inc reported income of $856k and spending of $1.2m, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $856k (-31%), an average of -8.7% a year. The sharpest change came in the year to December 2021, when income dropped by 22%. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, House of Life and Hope Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 74th percentile within AZ. Charities of a similar size with the same main cause include Dallas Casa Endowment Fund ($856k), Harmony Acres Equestrian Center ($856k) and Universal Gifted Savings Inc ($855k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $689k. At year end it held assets of $636k against liabilities of -$29k, net assets of $665k. It reported 14 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.