Hope Grows

Analysis

Hope Grows is a registered charity in United States, based in Moon Township, PA. It received its IRS tax-exemption ruling in November 2012, 14 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 December 2023, Hope Grows reported income of $373k and spending of $331k, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $213k to $373k (+75%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 82%. 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, Hope Grows 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 65th percentile, and in the 63rd percentile within PA. Charities of a similar size with the same main cause include New Creation Healing Center Inc ($373k), Emmitsburg Osteopathic Primary Care Center Inc ($373k) and Cancer Resource Center of the Finger Lakes ($373k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 8.0% of the total. At year end it held assets of $224k against liabilities of $0, net assets of $224k.