Future and Hope Inc

Analysis

Future and Hope Inc is a registered charity in United States, based in Jerome, ID. It received its IRS tax-exemption ruling in September 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, Future and Hope Inc reported income of $407k and spending of $378k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $367k to $407k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Future and Hope Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within ID. Charities of a similar size with the same main cause include Marriage and Family Counseling Serv Ice ($407k), Glen Doherty Memorial Foundation Inc ($407k) and Burrito Brigade ($407k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.