Hope & Health Project Inc

Analysis

Hope & Health Project Inc is a registered charity in United States, based in Odessa, FL. It received its IRS tax-exemption ruling in February 2014, 12 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, Hope & Health Project Inc reported income of $57k and spending of $89k, spending 156% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $154k to $57k (-63%), an average of -63% a year. The sharpest change came in the year to December 2023, when income dropped by 63%. Over the whole period it spent 116% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope & Health Project Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 26th percentile within FL. Charities of a similar size with the same main cause include Carolines Promise ($57k), Hope 4 the Heart ($57k) and Vega Foundation ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $42k against liabilities of $17k, net assets of $25k.