Hope Care Center Inc

Analysis

Hope Care Center Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2022, Hope Care Center Inc reported income of $2.3m and spending of $2.2m, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $2.0m to $2.3m (+16%), an average of +5.2% a year. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope Care Center Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within MO. Charities of a similar size with the same main cause include Addiction Policy Forum ($2.3m), African-American AIDS Policy and Training Institute ($2.3m) and Cure Rare Disease Inc ($2.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $107k (4.9% of expenses). Other salaries and wages came to $922k. At year end it held assets of $661k against liabilities of $133k, net assets of $527k. It reported 35 employees.