Blessed Be Hope for Three Inc

Analysis

Blessed Be Hope for Three Inc is a registered charity in United States, based in Sugar Land, TX. It received its IRS tax-exemption ruling in April 2011, 15 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Blessed Be Hope for Three Inc reported income of $868k and spending of $917k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $598k to $868k (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Blessed Be Hope for Three Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Crossroads Club Inc ($868k), Society for Developmental and Behavioral Pediatrics ($868k) and Texas Healthcare Trustees Foundation ($867k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $502k. At year end it held assets of $903k against liabilities of $537k, net assets of $367k. It reported 13 employees.