Hope Mommies Inc

Analysis

Hope Mommies Inc is a registered charity in United States, based in New Braunfels, TX. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover mental health and crisis intervention, 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 May 2023, Hope Mommies Inc reported income of $543k and spending of $452k, spending 83% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $336k to $543k (+62%), an average of +17% a year. The sharpest change came in the year to May 2022, when income rose by 23%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope Mommies Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Naturalena Foundation ($542k), Mad-Id Incorporated ($543k) and Trumbull Memorial Health Foundation ($542k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 79% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $34k (7.5% of expenses). Other salaries and wages came to $5,910. At year end it held assets of $438k against liabilities of $11k, net assets of $427k. It reported 1 employees.