Home Start Hope

Analysis

Home Start Hope is a registered charity in United States, based in Webster, NY. It received its IRS tax-exemption ruling in February 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, Home Start Hope reported income of $121k and spending of $130k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $123k to $121k (-1.9%), an average of -1.9% a year. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Home Start Hope sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include Marys Choices ($121k), Mi Casita Dorada Home Inc ($121k) and Quilting for Community ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $241k against liabilities of $58k, net assets of $182k.