Reins of H O P E

Analysis

Reins of H O P E is a registered charity in United States, based in Ojai, CA. It received its IRS tax-exemption ruling in June 2006, 20 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 December 2023, Reins of H O P E reported income of $236k and spending of $226k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $243k to $236k (-2.7%), an average of -0.7% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reins of H O P E sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include H P S O ($236k), Snooze Compass Foundation ($236k) and Men Sharpening Men ($236k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $41k (18% of expenses). Other salaries and wages came to $6,660. At year end it held assets of $47k against liabilities of $385, net assets of $47k. It reported 4 employees.