Foundation for Hope Outdoors Adventures

Analysis

Foundation for Hope Outdoors Adventures is a registered charity in United States, based in Fenton, MI. It received its IRS tax-exemption ruling in August 2005, 21 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, Foundation for Hope Outdoors Adventures reported income of $104k and spending of $97k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $81k to $104k (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2021, when income rose by 239%. Over the whole period it spent 67% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Foundation for Hope Outdoors Adventures sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within MI. Charities of a similar size with the same main cause include Forethecure ($104k), Silver Shadow ($104k) and Alabama Turfgrass Research Foundation Inc ($104k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 136% of the total. At year end it held assets of $1.1m against liabilities of $217k, net assets of $839k.