Hope of the Grand Valley

Analysis

Hope of the Grand Valley is a registered charity in United States, based in Fruita, CO. It received its IRS tax-exemption ruling in August 2010, 16 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 of the Grand Valley reported income of $94k and spending of $75k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $138k to $94k (-31%), an average of -31% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hope of the Grand Valley sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 31st percentile within CO. Charities of a similar size with the same main cause include Weil Academy Student-Athlete Scholarship Fund Inc ($94k), Nuestra Senora LA Conquistadora Academy ($94k) and University of the Seven Rays ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $388k against liabilities of $0, net assets of $388k.