Help the Hopeful

Analysis

Help the Hopeful is a registered charity in United States, based in Gas City, IN. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Help the Hopeful reported income of $54k and spending of $57k, spending 105% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $133k to $54k (-60%), an average of -36% a year. The sharpest change came in the year to June 2023, when income dropped by 69%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Help the Hopeful sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 18th percentile within IN. Charities of a similar size with the same main cause include Mattapoisett Police Officers Association Inc ($54k), Spencer Wilson Charitable TR ($54k) and Western Kiwanis Foundation of Kenosha Inc ($54k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,117 against liabilities of $0, net assets of $3,117.