Colins Hope

Analysis

Colins Hope is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Colins Hope reported income of $292k and spending of $295k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $426k to $292k (-31%), an average of -9.0% a year. The sharpest change came in the year to December 2021, when income dropped by 32%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Colins Hope sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Growth Through Learning Inc ($292k), Spudnik Press Cooperative ($292k) and Hhn2l Inc ($292k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.8% of the total. Compensation of current officers, directors and key employees was $100k (34% of expenses). At year end it held assets of $200k against liabilities of $2,591, net assets of $197k. It reported 3 employees.