Hand of Hope Inc

Analysis

Hand of Hope Inc is a registered charity in United States, based in Pulaski, WI. It received its IRS tax-exemption ruling in November 2011, 15 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, Hand of Hope Inc reported income of $89k and spending of $95k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $98k to $89k (-8.6%), an average of -8.6% a year. 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, Hand of Hope Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within WI. Charities of a similar size with the same main cause include Hope Cottage of Randolph County Inc ($89k), Bridge Street Bargains ($89k) and Idaho Foster and Adoptive Parent Association ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $21k against liabilities of $1,015, net assets of $20k.