Hello Gorgeous of Hope Inc

Analysis

Hello Gorgeous of Hope Inc is a registered charity in United States, based in Mishawaka, IN. It received its IRS tax-exemption ruling in October 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, Hello Gorgeous of Hope Inc reported income of $250k and spending of $245k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $363k to $250k (-31%), an average of -8.9% a year. The sharpest change came in the year to December 2023, when income rose by 73%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hello Gorgeous of Hope Inc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IN. Charities of a similar size with the same main cause include Shakopee Supportive Housing Inc ($250k), Life-Line Ministries No 2 ($250k) and Pampa Meals on Wheels Inc ($250k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. Compensation of current officers, directors and key employees was $96k (39% of expenses). At year end it held assets of $261k against liabilities of $16k, net assets of $245k. It reported 2 employees.