Hope Resource Center Inc

Analysis

Hope Resource Center Inc is a registered charity in United States, based in Bedford, IN. It received its IRS tax-exemption ruling in June 1990, 36 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Hope Resource Center Inc reported income of $479k and spending of $485k, spending 101% of its income. Across the 2 years on record, from December 2021 to December 2023, income grew from $368k to $479k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope Resource Center Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IN. Charities of a similar size with the same main cause include Cabot Crisis Pregnancy Center ($479k), South Plainfield Rescue Squad Inc ($479k) and Eastern Oregon Healthy Living Alliance ($479k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 105% of the total. Compensation of current officers, directors and key employees was $67k (14% of expenses). Other salaries and wages came to $150k. At year end it held assets of $252k against liabilities of $0, net assets of $252k. It reported 10 employees.