Hopetoday

Analysis

Hopetoday is a registered charity in United States, based in Fountain Vly, CA. It received its IRS tax-exemption ruling in June 2002, 24 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 December 2023, Hopetoday reported income of $312k and spending of $330k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $332k to $312k (-5.8%), an average of -1.5% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hopetoday sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include 1 Wiser Consumer Education Inc ($312k), Strength of a Champion Ministries ($312k) and The Wellesley Hills Junior Womans Club Inc ($312k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $228k against liabilities of $0, net assets of $228k.