Play for Hope

Analysis

Play for Hope is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Play for Hope reported income of $298k and spending of $254k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $254k to $298k (+17%), an average of +4.1% a year. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Play for Hope sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within NC. Charities of a similar size with the same main cause include Road Runners Club of America ($298k), Centex Storm Soccer Club Inc ($298k) and New England Collegiate Baseball League Inc ($297k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $36k (14% of expenses). Other salaries and wages came to $17k. At year end it held assets of $170k against liabilities of $1,510, net assets of $168k. It reported 2 employees.