Climb for Hope Inc

Analysis

Climb for Hope Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Climb for Hope Inc reported income of $171k and spending of $194k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $121k to $171k (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 105% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Climb for Hope Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within MD. Charities of a similar size with the same main cause include Center for Ecological Teaching and Learning ($170k), Essex Land Trust Inc ($171k) and Friends of the Fox River ($170k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $33k against liabilities of $3,010, net assets of $30k.