Hopewell Development and Achievement Center

Analysis

Hopewell Development and Achievement Center is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in March 2007, 19 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 December 2023, Hopewell Development and Achievement Center reported income of $490k and spending of $497k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $440k to $490k (+11%), an average of +12% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hopewell Development and Achievement Center sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Nawic Founders Scholarship Foundation ($490k), Mathkind Global ($490k) and American Academy of International Culture and Education Inc ($490k).

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 $303k. At year end it held assets of $90k against liabilities of $79k, net assets of $10k.