Hope Family Health Services

Analysis

Hope Family Health Services is a registered charity in United States, based in Westmoreland, TN. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hope Family Health Services reported income of $9.0m and spending of $9.0m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.5m to $9.0m (+65%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope Family Health Services sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within TN. Charities of a similar size with the same main cause include Health Partnership Clinic Inc ($9.0m), Work Unlimited ($9.0m) and Reach Out West End ($9.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $764k (8.5% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $5.1m against liabilities of $1.7m, net assets of $3.4m. It reported 96 employees.