United Through Hope

Analysis

United Through Hope is a registered charity in United States, based in Corinth, TX. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, United Through Hope reported income of $177k and spending of $150k, spending 85% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $142k to $177k (+24%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 73% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, United Through Hope sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Collision Industry Foundation Inc ($177k), Foundation of the Visiting Nurse Association of Northern New Jersey ($177k) and West Michigan Friendship Center ($177k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $35k (23% of expenses). At year end it held assets of $587k against liabilities of $141k, net assets of $446k.