Sights for Hope Endowment Foundation

Analysis

Sights for Hope Endowment Foundation is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in July 1980, 46 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 June 2023, Sights for Hope Endowment Foundation reported income of $100k and spending of $420k, spending 422% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $206k to $100k (-52%), an average of -17% a year. The sharpest change came in the year to June 2021, when income rose by 281%. Over the whole period it spent 132% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sights for Hope Endowment Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within PA. Charities of a similar size with the same main cause include Watertower West Inc ($100k), Burn Survivors of New England ($100k) and Turkey Trot Tradition Inc ($100k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% of the total. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m.