Partners for Hope Inc

Analysis

Partners for Hope Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Partners for Hope Inc reported income of $119k and spending of $71k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $128k to $119k (-6.6%), an average of -6.6% a year. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Partners for Hope Inc sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within OH. Charities of a similar size with the same main cause include United Religions Initiativefoundation Inc ($119k), Learjet Employees Community Support Fund of Wichita Inc ($119k) and Lila G Bull Charitable Trust Under Agreement Dated February 9 1998 ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.