Hope Reins Inc

Analysis

Hope Reins Inc is a registered charity in United States, based in New Smyrna, FL. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hope Reins Inc reported income of $63k and spending of $56k, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $112k to $63k (-44%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope Reins Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 28th percentile within FL. Charities of a similar size with the same main cause include Louisiana Enhancing Aging with Dignity Through Empowerment & Resp ($63k), Solutions Over Sickness Inc ($63k) and More Than Fore Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 29% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.