City of Hope Community Development Corporation

Analysis

City of Hope Community Development Corporation is a registered charity in United States, based in Norcross, GA. It received its IRS tax-exemption ruling in September 2001, 25 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2022, City of Hope Community Development Corporation reported income of $92k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from December 2018 to December 2022, income grew from $32k to $92k (+187%), an average of +30% a year. The sharpest change came in the year to December 2019, when income rose by 117%. Over the whole period it spent 0.2% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, City of Hope Community Development Corporation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within GA. Charities of a similar size with the same main cause include Adams County Travel and Visitors Bureau ($92k), Downtown Branson Betterment Assoc ($92k) and Well Incubator ($92k).

At year end it held assets of $484k against liabilities of $11k, net assets of $473k.