Fresh Hope Inc
Analysis
Fresh Hope Inc is a registered charity in United States, based in Elkhorn, NE. It received its IRS tax-exemption ruling in October 2010, 16 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2024, Fresh Hope Inc reported income of $445k and spending of $501k, spending 113% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $311k to $445k (+43%), an average of +9.4% a year. The sharpest change came in the year to June 2022, when income rose by 55%. Over the whole period it spent 100% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fresh Hope Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within NE. Charities of a similar size with the same main cause include Southwest Louisiana Hospital Association Foundation Inc ($445k), The Highlands Foundation ($445k) and Hanson House Foundation Inc ($445k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $124k (25% of expenses). At year end it held assets of $43k against liabilities of $1,194, net assets of $41k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Other 1.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Southwest Louisiana Hospital Association Foundation Inc | Lake Charles | $445k |
| The Highlands Foundation | Springdale | $445k |
| Hanson House Foundation Inc | Palm Springs | $445k |
| New Hope Center for Grief Support Inc | Northville | $445k |