Spokane Hearing Oral Program of Excellence Hope

Analysis

Spokane Hearing Oral Program of Excellence Hope is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in May 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Spokane Hearing Oral Program of Excellence Hope reported income of $1.1m and spending of $1.1m, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $481k to $1.1m (+126%), an average of +23% a year. The sharpest change came in the year to August 2021, when income rose by 102%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Spokane Hearing Oral Program of Excellence 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 80th percentile, and in the 80th percentile within WA. Charities of a similar size with the same main cause include Cypress College Foundation Inc ($1.1m), Cumberland Tsap Library Foundation Inc ($1.1m) and Lynchburg Beacon of Hope ($1.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 41% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $118k (11% of expenses). Other salaries and wages came to $540k. At year end it held assets of $1.7m against liabilities of $256k, net assets of $1.4m. It reported 13 employees.