Steve Rummler Hope Network

Analysis

Steve Rummler Hope Network is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Steve Rummler Hope Network reported income of $1.5m and spending of $1.4m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $441k to $1.5m (+230%), an average of +35% a year. The sharpest change came in the year to December 2021, when income rose by 157%. Over the whole period it spent 166% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Steve Rummler Hope Network sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MN. Charities of a similar size with the same main cause include A R E Inc of Jackson ($1.5m), Aha Attitude Harmony Achievement ($1.5m) and Community First Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $102k (7.1% of expenses). Other salaries and wages came to $232k. At year end it held assets of $661k against liabilities of $35k, net assets of $626k. It reported 8 employees.