Hammond for Hope Foundation Inc

Analysis

Hammond for Hope Foundation Inc is a registered charity in United States, based in Savannah, GA. 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 June 2024, Hammond for Hope Foundation Inc reported income of $98k and spending of $71k, leaving 28% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $83k to $98k (+18%), an average of +18% a year. The sharpest change came in the year to June 2024, when income rose by 18%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hammond for Hope Foundation Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within GA. Charities of a similar size with the same main cause include Melon I Corporation ($98k), Sacred Heart Conference SVDP Cullman ($98k) and Bright Holidays Inc ($98k).

At year end it held assets of $177k against liabilities of $0, net assets of $177k.