Hope House II a Non Profit Housing Corp

Analysis

Hope House II a Non Profit Housing Corp is a registered charity in United States, based in Jackson, MI. It received its IRS tax-exemption ruling in January 1980, 46 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 December 2023, Hope House II a Non Profit Housing Corp reported income of $363k and spending of $351k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $256k to $363k (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope House II a Non Profit Housing Corp sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MI. Charities of a similar size with the same main cause include Consolidated Agencies of Human Services ($363k), Peggy Crosby Community Service Center ($363k) and Pulaski Polka Days Inc ($363k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $681k against liabilities of $291k, net assets of $390k.