Hope Happens Inc

Analysis

Hope Happens Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Hope Happens Inc reported income of $272k and spending of $238k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $265k to $272k (+2.7%), an average of +0.7% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope Happens Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within MO. Charities of a similar size with the same main cause include Allergists for Israel ($272k), Anti-Predator Project Inc ($272k) and 5 Under 40 Foundation Corp ($272k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 108% of the total. Compensation of current officers, directors and key employees was $81k (34% of expenses). At year end it held assets of $249k against liabilities of $3,439, net assets of $246k. It reported 2 employees.