Hope Mental Health Foundation

Analysis

Hope Mental Health Foundation is a registered charity in United States, based in Queen Creek, AZ. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover mental health and crisis intervention, 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, Hope Mental Health Foundation reported income of $293k and spending of $389k, spending 133% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $519k to $293k (-44%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 67% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope Mental Health Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within AZ. Charities of a similar size with the same main cause include HPV Cancers Alliance ($293k), Team Tony Cancer Foundation Inc ($293k) and Board of Expanded Services ($293k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% of the total. Compensation of current officers, directors and key employees was $95k (24% of expenses). Other salaries and wages came to $6,462. At year end it held assets of $278k against liabilities of $0, net assets of $278k. It reported 3 employees.