Pure Hope Coalition

Analysis

Pure Hope Coalition is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in April 1985, 41 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 June 2023, Pure Hope Coalition reported income of $847k and spending of $747k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $628k to $847k (+35%), an average of +7.8% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 106% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Pure Hope Coalition sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within NC. Charities of a similar size with the same main cause include Adoption Choice Inc ($847k), Amarillo Area Casa ($847k) and Coptic American Friendship Association ($846k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $258k (35% of expenses). Other salaries and wages came to $216k. At year end it held assets of $322k against liabilities of $148k, net assets of $174k. It reported 7 employees.