Whispers of Hope

Analysis

Whispers of Hope is a registered charity in United States, based in Northfield, MN. It received its IRS tax-exemption ruling in December 2010, 16 years ago. 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, Whispers of Hope reported income of $175k and spending of $98k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $119k to $175k (+48%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 111%. Over the whole period it spent 46% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Whispers of Hope sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within MN. Charities of a similar size with the same main cause include Professional Development Institute Inc ($175k), Little League Baseball Inc ($175k) and Friends of Mukai ($175k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $794k against liabilities of $0, net assets of $794k.