Foundation Hope & Life USA

Analysis

Foundation Hope & Life USA is a registered charity in United States, based in Hialeah, FL. It received its IRS tax-exemption ruling in May 2010, 16 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 December 2023, Foundation Hope & Life USA reported income of $180k and spending of $180k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $127k to $180k (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foundation Hope & Life USA sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within FL. Charities of a similar size with the same main cause include Desert Willow Wildlife Rehabilitation Center ($180k), Phoenix Inner City Kids ($180k) and Aevidum ($180k).

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 $6,048 against liabilities of $6,048, net assets of $0.