Hope Outdoors

Analysis

Hope Outdoors is a registered charity in United States, based in Chatom, AL. It received its IRS tax-exemption ruling in January 2007, 19 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, Hope Outdoors reported income of $328k and spending of $206k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $210k to $328k (+56%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 98%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Outdoors sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within AL. Charities of a similar size with the same main cause include Curiosity Service Foundation Inc ($328k), North American Vegetarian Society ($328k) and Leon County Domestic Violence Advocates Inc ($328k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 2.5% of the total. Compensation of current officers, directors and key employees was $45k (22% of expenses). At year end it held assets of $467k against liabilities of $0, net assets of $467k.