Hope USA

Analysis

Hope USA is a registered charity in United States, based in Hayward, CA. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Hope USA reported income of $738k and spending of $626k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $281k to $738k (+163%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 116%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hope USA sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Pennsylvania Association of Non- Profit Organizations ($738k), Lanfest ($739k) and Clatskanie Foundation ($738k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $723k against liabilities of $0, net assets of $723k.