Hopealive268 Inc

Analysis

Hopealive268 Inc is a registered charity in United States, based in Palm Harbor, FL. It received its IRS tax-exemption ruling in August 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, Hopealive268 Inc reported income of $62k and spending of $54k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $62k (+11%), an average of +11% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hopealive268 Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 28th percentile within FL. Charities of a similar size with the same main cause include Friends of Donegal ($62k), Hands and Feet of Asheville ($62k) and The Lunch Place ($62k).

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 $145k against liabilities of $0, net assets of $145k.