Bring Me Hope Foundation

Analysis

Bring Me Hope Foundation is a registered charity in United States, based in Fallbrook, CA. 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 December 2023, Bring Me Hope Foundation reported income of $149k and spending of $91k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $373k to $149k (-60%), an average of -20% a year. The sharpest change came in the year to December 2020, when income dropped by 50%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bring Me Hope Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Burke Day Care Inc ($149k), Hope House Childrens Relief Inc ($149k) and Yemi and Bukola Adasofunjo Foundation Inc ($149k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 2.9% of the total. Other salaries and wages came to $13k. At year end it held assets of $127k against liabilities of $0, net assets of $127k. It reported 9 employees.