Hope2all Inc

Analysis

Hope2all Inc is a registered charity in United States, based in Nortonville, KY. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Hope2all Inc reported income of $881k and spending of $814k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $881k (-19%), an average of -5.0% a year. The sharpest change came in the year to December 2021, when income dropped by 30%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope2all Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within KY. Charities of a similar size with the same main cause include Bikur Cholim of Manhattan Inc ($881k), Little Friends Center for Autism Inc ($882k) and Asian Medical Clinic of Fremont Inc ($881k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $11k (1.4% of expenses). At year end it held assets of $224k against liabilities of $20k, net assets of $205k.