Link to Hope Inc

Analysis

Link to Hope Inc is a registered charity in United States, based in Plymouth, IN. It received its IRS tax-exemption ruling in January 2024, 2 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Link to Hope Inc reported income of $67k and spending of $99k, spending 148% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $90k to $67k (-26%), an average of -14% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 105% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Link to Hope Inc sits at the 15th percentile: it is larger than about 15% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within IN. Charities of a similar size with the same main cause include Tanglewood Apartments Inc ($67k), Woodlawn Apartments Inc ($67k) and Bulls Gap Railroad Museum Association ($67k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $15k (15% of expenses). At year end it held assets of $6,554 against liabilities of $0, net assets of $6,554. It reported 1 employees.