Hope Clinic Inc

Analysis

Hope Clinic Inc is a registered charity in United States, based in Midvale, UT. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hope Clinic Inc reported income of $82k and spending of $116k, spending 141% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income fell from $121k to $82k (-32%), an average of -7.5% a year. The sharpest change came in the year to June 2022, when income rose by 126%. Over the whole period it spent 64% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope Clinic Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within UT. Charities of a similar size with the same main cause include Remember Me NFP Inc ($82k), Eastern Maine Healthcare Systems ($82k) and Pennsylvania Association for Infant Mental Health Inc ($82k).

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 $1.2m against liabilities of $0, net assets of $1.2m.