Hope Thru Housing Inc

Analysis

Hope Thru Housing Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in April 2011, 15 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 Thru Housing Inc reported income of $828k and spending of $882k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $658k to $828k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2020, when income rose by 35%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope Thru Housing Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within OH. Charities of a similar size with the same main cause include Able Kids Foundation ($828k), Texas Specialty Clinic ($828k) and N E W Para-Medic Rescue Inc ($827k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $65k (7.3% of expenses). Other salaries and wages came to $148k. At year end it held assets of $738k against liabilities of $618k, net assets of $120k. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.