A Doorway to Hope

Analysis

A Doorway to Hope is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in June 2011, 15 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, A Doorway to Hope reported income of $531k and spending of $331k, leaving 38% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $227k to $531k (+133%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 239%. Over the whole period it spent 63% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Doorway to Hope sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within NC. Charities of a similar size with the same main cause include Evelines Sunshine Cottage ($531k), Meeker County Emergency Food Shelf ($531k) and Pregnancy Services of Delta County ($531k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 32% of the total. Other salaries and wages came to $54k. At year end it held assets of $480k against liabilities of $2,566, net assets of $477k. It reported 2 employees.