High Hope Employment Services Inc

Analysis

High Hope Employment Services Inc is a registered charity in United States, based in Milan, MO. It received its IRS tax-exemption ruling in January 1985, 41 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, High Hope Employment Services Inc reported income of $3.6m and spending of $3.3m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $3.6m (+76%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, High Hope Employment Services Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MO. Charities of a similar size with the same main cause include Boy Scouts of America ($3.6m), Nevins Memorial ($3.6m) and Hospice of Limestone County Incorporated ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.1% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $90k (2.7% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $2.7m against liabilities of $157k, net assets of $2.5m. It reported 145 employees.