Hope United

Analysis

Hope United is a registered charity in United States, based in Arroyo Grande, CA. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 United reported income of $460k and spending of $489k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $234k to $460k (+97%), an average of +97% a year. The sharpest change came in the year to December 2023, when income rose by 97%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope United sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Reclaimed Resale Inc ($460k), Blue Ridge Intl for Christ Inc Inc ($460k) and New Women New Yorkers Inc ($460k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Other salaries and wages came to $229k. At year end it held assets of $191k against liabilities of $34k, net assets of $157k.