Hope for Children

Analysis

Hope for Children is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 for Children reported income of $135k and spending of $163k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $145k to $135k (-7.3%), an average of -7.3% a year. Over the whole period it spent 81% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Hope for Children sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Academic Link Outreach NFP ($134k), Glen Rock Youth Basketball League Inc ($135k) and Writers in Residence ($134k).

At year end it held assets of $88k against liabilities of $15k, net assets of $72k.