Hope 4 the Heart

Analysis

Hope 4 the Heart is a registered charity in United States, based in Cherryland, CA. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover food, agriculture and nutrition, 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 4 the Heart reported income of $57k and spending of $86k, spending 150% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $227k to $57k (-75%), an average of -29% a year. The sharpest change came in the year to December 2021, when income dropped by 55%. Over the whole period it spent 49% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope 4 the Heart sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within CA. Charities of a similar size with the same main cause include Hope & Health Project Inc ($57k), Kids in Motion Therapy Clinic ($57k) and Carolines Promise ($57k).

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 $1.6m against liabilities of $90k, net assets of $1.5m.