House of Hope Piedmont

Analysis

House of Hope Piedmont is a registered charity in United States, based in Mocksville, NC. It received its IRS tax-exemption ruling in April 2011, 15 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, House of Hope Piedmont reported income of $79k and spending of $66k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $37k to $79k (+111%), an average of +111% a year. The sharpest change came in the year to December 2023, when income rose by 111%. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, House of Hope Piedmont sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within NC. Charities of a similar size with the same main cause include Step Up Transitional Living Program Inc ($78k), The Childhood Nature Project Inc ($79k) and Flight Nine Academy ($78k).

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 $491k against liabilities of $393k, net assets of $98k.