Hope Match

Analysis

Hope Match is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Hope Match reported income of $238k and spending of $260k, spending 109% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $199k to $238k (+20%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 20%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hope Match sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NC. Charities of a similar size with the same main cause include Drive Toward a Cure ($238k), Dale R Fulton Charitable TR ($238k) and Etna Community Organization ($238k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $55k (21% of expenses). At year end it held assets of $232k against liabilities of $1,554, net assets of $230k. It reported 1 employees.