Focus Hope

Analysis

Focus Hope is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in November 1971, 55 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Focus Hope reported income of $33.7m and spending of $33.6m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $27.4m to $33.7m (+23%), an average of +5.3% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Focus Hope sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MI. Charities of a similar size with the same main cause include Longwood at Oakmont Inc ($33.7m), Access Care Partners ($33.7m) and Walker Methodist Health Center Inc ($33.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $8.1m. At year end it held assets of $12.9m against liabilities of $2.6m, net assets of $10.2m. It reported 190 employees.