Hope at Hand Inc

Analysis

Hope at Hand Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 at Hand Inc reported income of $256k and spending of $261k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $200k to $256k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2020, when income rose by 45%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hope at Hand Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include Luso-American Education Foundation ($256k), Pelican Education Foundation ($256k) and Longleaf Academy Inc ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 8.8% of the total. At year end it held assets of $366k against liabilities of $88k, net assets of $278k.