Hacienda of Hope Foundation

Analysis

Hacienda of Hope Foundation is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in June 2012, 14 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, Hacienda of Hope Foundation reported income of $339k and spending of $234k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $345k to $339k (-1.6%), an average of -0.4% a year. The sharpest change came in the year to December 2022, when income dropped by 73%. Over the whole period it spent 75% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hacienda of Hope Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within AL. Charities of a similar size with the same main cause include American Friends of Midreshet Harova ($339k), Chara Inc ($339k) and Colorado Conservatory for the Jazz Arts ($339k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $882k against liabilities of $0, net assets of $882k.