Voices of Hope Inc

Analysis

Voices of Hope Inc is a registered charity in United States, based in Stoneham, MA. It received its IRS tax-exemption ruling in April 2011, 15 years ago. Its declared purposes cover medical research, 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, Voices of Hope Inc reported income of $332k and spending of $265k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $180k to $332k (+85%), an average of +85% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Voices of Hope Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within MA. Charities of a similar size with the same main cause include Society of Urologic Oncology Clinical Trials Consortium ($332k), 85 Hope Inc ($332k) and Hope in View Inc ($332k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 45% of the total. At year end it held assets of $209k against liabilities of $25k, net assets of $184k.