Project Hope Inc

Analysis

Project Hope Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in February 2016, 10 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, Project Hope Inc reported income of $168k and spending of $178k, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $179k to $168k (-6.5%), an average of -3.3% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Hope Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within WI. Charities of a similar size with the same main cause include Thensted Center ($168k), Love Outreach Food Pantry Inc ($168k) and Richi Childhood Cancer Foundation ($168k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.2% and program service revenue 98% of the total. At year end it held assets of $8,980 against liabilities of $0, net assets of $8,980.