Hope Through Care Inc

Analysis

Hope Through Care Inc is a registered charity in United States, based in Clifton, NJ. It received its IRS tax-exemption ruling in October 2009, 17 years ago. 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 Through Care Inc reported income of $282k and spending of $348k, spending 124% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $250k to $282k (+13%), an average of +4.1% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hope Through Care Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 67th percentile within NJ. Charities of a similar size with the same main cause include Little League Baseball Inc ($282k), Clay Cherokee Christian Housing Inc ($282k) and Little League Baseball Inc ($282k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $90k (26% of expenses). Other salaries and wages came to $37k. At year end it held assets of $193k against liabilities of $4,056, net assets of $189k. It reported 3 employees.