Hopeprint Inc

Analysis

Hopeprint Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in July 2011, 15 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, Hopeprint Inc reported income of $254k and spending of $240k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $237k to $254k (+7.0%), an average of +1.7% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hopeprint 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 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include 2020 Farmers Cooperative Incorporated ($254k), Harmony Home of Huntington ($254k) and Solidarity STL Inc ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $43k (18% of expenses). Other salaries and wages came to $66k. At year end it held assets of $293k against liabilities of $282k, net assets of $11k. It reported 8 employees.