Hope and Encouragement for Humanity Inc

Analysis

Hope and Encouragement for Humanity Inc is a registered charity in United States, based in Blissfield, MI. It received its IRS tax-exemption ruling in September 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, Hope and Encouragement for Humanity Inc reported income of $740k and spending of $782k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $385k to $740k (+92%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 93%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope and Encouragement for Humanity Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MI. Charities of a similar size with the same main cause include Adult Day Health Care of Mad River ($740k), Hospice of Salina Incorporated ($740k) and To Be Like Me ($740k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.