Hope and Healing Survivor Resource

Analysis

Hope and Healing Survivor Resource is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in August 1978, 48 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 2022, Hope and Healing Survivor Resource reported income of $6.3m and spending of $5.9m, spending 94% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $4.7m to $6.3m (+34%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 55%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope and Healing Survivor Resource sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within OH. Charities of a similar size with the same main cause include Collaboration Center Foundation ($6.3m), Community Services Project Inc ($6.3m) and Cen-Tex Family Services Inc ($6.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $253k (4.3% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $11.0m against liabilities of $1.5m, net assets of $9.6m. It reported 144 employees.