Hopegate

Analysis

Hopegate is a registered charity in United States, based in Canton, PA. It received its IRS tax-exemption ruling in October 1992, 34 years ago. Its declared purposes cover health care, 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, Hopegate reported income of $382k and spending of $231k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $182k to $382k (+110%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 68% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hopegate sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within PA. Charities of a similar size with the same main cause include Daughters of Charity Services of New Orleans East ($382k), Riverview Healthcare Foundation Inc ($383k) and Emergency Project Inc ($382k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $111k. At year end it held assets of $702k against liabilities of $3,282, net assets of $699k. It reported 8 employees.