H O P E Inc

Analysis

H O P E Inc is a registered charity in United States, based in Lawrenceville, GA. It received its IRS tax-exemption ruling in March 2011, 15 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 May 2024, H O P E Inc reported income of $530k and spending of $470k, spending 89% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $341k to $530k (+56%), an average of +9.2% a year. The sharpest change came in the year to May 2024, when income rose by 27%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, H O P E Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within GA. Charities of a similar size with the same main cause include Tennessee Alliance for Kids Inc ($530k), Inland Empire Rebound ($530k) and Imago Relationship Professionals of North America ($529k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $301k. At year end it held assets of $358k against liabilities of $294k, net assets of $64k. It reported 7 employees.