Hanas Hope

Analysis

Hanas Hope is a registered charity in United States, based in Littleton, CO. It received its IRS tax-exemption ruling in October 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Hanas Hope reported income of $58k and spending of $79k, spending 136% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $76k to $58k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 144% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hanas Hope sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 19th percentile within CO. Charities of a similar size with the same main cause include Free Food Pantry ($58k), Urban Bridges Inc ($58k) and Gerald Oram Family Support Foundation ($58k).

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 $22k against liabilities of $0, net assets of $22k.