The Hope Clinic Inc

Analysis

The Hope Clinic Inc is a registered charity in United States, based in Berne, IN. It received its IRS tax-exemption ruling in September 1995, 31 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 September 2023, The Hope Clinic Inc reported income of $442k and spending of $506k, spending 115% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $358k to $442k (+23%), an average of +5.4% a year. The sharpest change came in the year to September 2021, when income rose by 39%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Hope Clinic Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IN. Charities of a similar size with the same main cause include Medbank Foundation Incorporated ($442k), Milwaukee Community Acupuncture Inc ($442k) and L a Net Community Health Resourc Network ($442k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 63% of the total. Compensation of current officers, directors and key employees was $16k (3.2% of expenses). Other salaries and wages came to $240k. At year end it held assets of $915k against liabilities of $1,014, net assets of $914k. It reported 9 employees.