House of Hope Green Bay Inc

Analysis

House of Hope Green Bay Inc is a registered charity in United States, based in Green Bay, WI. It received its IRS tax-exemption ruling in February 1993, 33 years ago. 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 2023, House of Hope Green Bay Inc reported income of $3.3m and spending of $2.5m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $3.3m (+19%), an average of +4.5% a year. The sharpest change came in the year to June 2021, when income rose by 71%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, House of Hope Green Bay Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within WI. Charities of a similar size with the same main cause include Western Montana Area VI Agency on Aging ($3.3m), Community Transit of Watertown Sisseton Inc ($3.3m) and Mississippi Rural Water Association Inc ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $104k (4.1% of expenses). Other salaries and wages came to $882k. At year end it held assets of $8.7m against liabilities of $239k, net assets of $8.5m. It reported 47 employees.