Hope with Love

Analysis

Hope with Love is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 with Love reported income of $148k and spending of $145k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $129k to $148k (+15%), an average of +15% a year. Over the whole period it spent 98% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Hope with Love sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within VA. Charities of a similar size with the same main cause include St Thomas Rescue Inc ($148k), Grand Isle Volunteer Fire Department Inc ($148k) and Apple Creek Volunteer Fire Department and Emergency Squad Inc ($148k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $177k against liabilities of $144k, net assets of $33k.