Hope Landing Inc

Analysis

Hope Landing Inc is a registered charity in United States, based in El Dorado, AR. It received its IRS tax-exemption ruling in May 2006, 20 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 June 2023, Hope Landing Inc reported income of $1.9m and spending of $1.9m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.1m to $1.9m (-38%), an average of -11% a year. The sharpest change came in the year to June 2021, when income rose by 64%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Landing Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within AR. Charities of a similar size with the same main cause include Shalom Ministries ($1.9m), Drug & Alcohol Treatment Service ($1.9m) and Latino Behavioral Health Services ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $195k (10% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.8m against liabilities of $61k, net assets of $2.7m. It reported 26 employees.