Hadassah S Hope Inc

Analysis

Hadassah S Hope Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hadassah S Hope Inc reported income of $612k and spending of $475k, leaving 22% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $294k to $612k (+108%), an average of +44% a year. The sharpest change came in the year to December 2022, when income rose by 87%. Over the whole period it spent 69% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hadassah S Hope Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include Montclair Scholarship Fund Inc ($611k), Steelers Charities ($612k) and Sister Rebecca Berghoff Foundation ($611k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Other salaries and wages came to $100k. At year end it held assets of $545k against liabilities of $0, net assets of $545k. It reported 9 employees.