Village of Hope

Analysis

Village of Hope is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in March 2005, 21 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, Village of Hope reported income of $174k and spending of $265k, spending 152% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $582k to $174k (-70%), an average of -33% a year. The sharpest change came in the year to December 2022, when income rose by 107%. Over the whole period it spent 50% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Village of Hope sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 47th percentile within WA. Charities of a similar size with the same main cause include Black Lives Matter 5280 ($174k), Made in New Orleans Foundation Inc ($174k) and Nearly New Shop Inc ($174k).

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 $20k. At year end it held assets of $732k against liabilities of $2,665, net assets of $730k.