Hope School Foundation

Analysis

Hope School Foundation is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in October 1999, 27 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 June 2023, Hope School Foundation reported income of $1.2m and spending of $701k, leaving 41% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $991k to $1.2m (+19%), an average of +4.5% a year. The sharpest change came in the year to June 2022, when income rose by 47%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hope School Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include Renaissance School ($1.2m), Kanchi Kamakoti Seva Foundation Inc ($1.2m) and Center for Anthroposophy ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% of the total. Compensation of current officers, directors and key employees was $95k (14% of expenses). Other salaries and wages came to $136k. At year end it held assets of $18.8m against liabilities of $4.9m, net assets of $13.9m. It reported 5 employees.