Designs for Hope

Analysis

Designs for Hope is a registered charity in United States, based in Trussville, AL. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Designs for Hope reported income of $764k and spending of $730k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $800k to $764k (-4.5%), an average of -1.1% a year. The sharpest change came in the year to December 2020, when income rose by 85%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Designs for Hope sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within AL. Charities of a similar size with the same main cause include Guadalupana Eucaristicas Del Padre Celestial Foundation ($764k), Safe Harbor Homes and Services ($764k) and Urban Skye ($764k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $130k (18% of expenses). Other salaries and wages came to $48k. At year end it held assets of $350k against liabilities of $7,248, net assets of $342k. It reported 3 employees.