Target Hope

Analysis

Target Hope is a registered charity in United States, based in Matteson, IL. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Target Hope reported income of $314k and spending of $353k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $343k to $314k (-8.5%), an average of -2.2% a year. The sharpest change came in the year to December 2020, when income dropped by 38%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Target Hope sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within IL. Charities of a similar size with the same main cause include The Center for Student Legal Services ($314k), The International Institute for Advanced Instruction ($314k) and Leap of Faith Learning ($314k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $185k. At year end it held assets of $386k against liabilities of $119k, net assets of $267k.