ALS Hope Foundation

Analysis

ALS Hope Foundation is a registered charity in United States, based in Ft Washington, PA. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover medical research, 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, ALS Hope Foundation reported income of $695k and spending of $512k, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $398k to $695k (+75%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 88%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, ALS Hope Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include Newberry County Hospital Foundation Inc ($695k), Association of Women Surgeons ($695k) and Shevet Achim ($695k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $194k. At year end it held assets of $446k against liabilities of $79k, net assets of $367k.