Hope Fund of Penns Valley

Analysis

Hope Fund of Penns Valley is a registered charity in United States, based in Centre Hall, PA. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Fund of Penns Valley reported income of $101k and spending of $84k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $104k to $101k (-2.3%), an average of -2.3% a year. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Fund of Penns Valley sits at the 33rd percentile: it is larger than about 33% 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 Bucks for Kids ($101k), St Luke Conference ($101k) and Salem Council on Aging Inc Town of Salem ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $335k against liabilities of $0, net assets of $335k.