Maureens Hope Foundation Inc

Analysis

Maureens Hope Foundation Inc is a registered charity in United States, based in Baldwinsville, NY. It received its IRS tax-exemption ruling in May 2006, 20 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, Maureens Hope Foundation Inc reported income of $101k and spending of $86k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $101k (+60%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 113% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Maureens Hope Foundation Inc 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 37th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include George Mason Friends Inc ($101k), Rebuilding Dreams Foundation Inc ($101k) and San Marino Rotary Charities ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $112k against liabilities of $45k, net assets of $67k.