Hopewell Ranch

Analysis

Hopewell Ranch is a registered charity in United States, based in Weidman, MI. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover health care, 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, Hopewell Ranch reported income of $251k and spending of $231k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $181k to $251k (+39%), an average of +8.5% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hopewell Ranch sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within MI. Charities of a similar size with the same main cause include Clarksdale Speech & Hearing ($251k), Contact of Ocean and Monmouth Counties ($251k) and Pleasant Plains First Aid Squad Inc ($251k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $38k (16% of expenses). Other salaries and wages came to $74k. At year end it held assets of $129k against liabilities of $1,922, net assets of $127k. It reported 12 employees.