Hope of Ogle County

Analysis

Hope of Ogle County is a registered charity in United States, based in Rochelle, IL. It received its IRS tax-exemption ruling in February 1986, 40 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 June 2024, Hope of Ogle County reported income of $1.3m and spending of $1.2m, spending 97% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $845k to $1.3m (+49%), an average of +8.3% a year. The sharpest change came in the year to June 2020, when income rose by 36%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope of Ogle County sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include Immigration Legal Services of Long Island ($1.3m), Empower Her Network Inc ($1.3m) and Bulverde Food Pantry Inc ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $79k (6.4% of expenses). Other salaries and wages came to $807k. At year end it held assets of $969k against liabilities of $72k, net assets of $897k. It reported 36 employees.