Maximum Hope Foundation

Analysis

Maximum Hope Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Maximum Hope Foundation reported income of $162k and spending of $282k, spending 175% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $229k to $162k (-29%), an average of -8.3% a year. The sharpest change came in the year to December 2022, when income rose by 93%. 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, Maximum Hope Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Robbies House ($162k), Foa Foundation ($162k) and Dallas County Medical Society Alliance Foundation ($162k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $17k (6.2% of expenses). At year end it held assets of $216k against liabilities of $0, net assets of $216k. It reported 1 employees.