Hannahs Hope Inc

Analysis

Hannahs Hope Inc is a registered charity in United States, based in Livingston, TX. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover human services, 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, Hannahs Hope Inc reported income of $98k and spending of $71k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $121k to $98k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hannahs Hope Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 39th percentile within TX. Charities of a similar size with the same main cause include We Are Not Broken ($98k), Most Worshipful King Cyrus Grand Lodge ($98k) and Main Street Ministry Association ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $452k against liabilities of $0, net assets of $452k.