Hope Strengthens Foundation

Analysis

Hope Strengthens Foundation is a registered charity in United States, based in Marblehead, MA. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 Strengthens Foundation reported income of $109k and spending of $105k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $95k to $109k (+14%), an average of +14% a year. Over the whole period it spent 114% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Hope Strengthens Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 45th percentile within MA. Charities of a similar size with the same main cause include K9sensus Foundation ($109k), Give a Dog a Home Rescue ($109k) and Kentucky Pets Alive Inc ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $143k against liabilities of $0, net assets of $143k.