Hope Education

Analysis

Hope Education is a registered charity in United States, based in Florissant, MO. It received its IRS tax-exemption ruling in April 2022, 4 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, Hope Education reported income of $78k and spending of $71k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $89k to $78k (-12%), an average of -12% a year. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hope Education sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within MO. Charities of a similar size with the same main cause include Education Partners Nigeria ($78k), Friennds of Northport Inc ($78k) and The Charity Fellowship Outreach ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. At year end it held assets of $35k against liabilities of $3,346, net assets of $32k.