Friends of Hope School

Analysis

Friends of Hope School is a registered charity in United States, based in Carlsbad, CA. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Friends of Hope School reported income of $146k and spending of $122k, spending 84% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $173k to $146k (-16%), an average of -16% a year. The sharpest change came in the year to June 2024, when income dropped by 16%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Hope School sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Springfield Public Library Foundation Inc ($146k), Jackson County Education Foundation Inc ($146k) and Charger Bands Booster Organization ($146k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $119k against liabilities of $0, net assets of $119k.