Hope Unexpected

Analysis

Hope Unexpected is a registered charity in United States, based in Byron Center, MI. It received its IRS tax-exemption ruling in January 2014, 12 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 June 2023, Hope Unexpected reported income of $309k and spending of $338k, spending 110% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $223k to $309k (+38%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Unexpected sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MI. Charities of a similar size with the same main cause include Foster Alumni Mentors ($309k), New York Sustainable Agriculture ($309k) and Wise Penny Inc ($309k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% of the total. Compensation of current officers, directors and key employees was $46k (14% of expenses). Other salaries and wages came to $179k. At year end it held assets of $121k against liabilities of $4,740, net assets of $116k. It reported 29 employees.