Hope in Progress

Analysis

Hope in Progress is a registered charity in United States, based in Leesburg, FL. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 in Progress reported income of $78k and spending of $109k, spending 139% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $90k to $78k (-13%), an average of -13% a year. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hope in Progress sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 34th percentile within FL. Charities of a similar size with the same main cause include Now Creations Inc ($78k), Youth with a Mission Lebanon Pa ($78k) and B Courtney McBath Ministries Inc ($78k).

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 $42k against liabilities of $0, net assets of $42k.