Caring Hearts and Hands of Hope Inc

Analysis

Caring Hearts and Hands of Hope Inc is a registered charity in United States, based in Garden City, ID. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Caring Hearts and Hands of Hope Inc reported income of $1.6m and spending of $682k, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $741k to $1.6m (+115%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 42% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Caring Hearts and Hands of Hope Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within ID. Charities of a similar size with the same main cause include Nlaabc ($1.6m), North Shelby Library District a Public Corporation ($1.6m) and St John Neumann Academy ($1.6m).

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 $83k (12% of expenses). Other salaries and wages came to $13k. At year end it held assets of $5.1m against liabilities of $0, net assets of $5.1m. It reported 2 employees.