Hope for Women LLC

Analysis

Hope for Women LLC is a registered charity in United States, based in Jasper, AL. It received its IRS tax-exemption ruling in August 2013, 13 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 for Women LLC reported income of $161k and spending of $196k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $219k to $161k (-26%), an average of -7.4% a year. The sharpest change came in the year to December 2022, when income dropped by 50%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope for Women LLC sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within AL. Charities of a similar size with the same main cause include WLCFS Investment Corporation ($161k), Elbert County Coalition for Outreach ($161k) and Cross Generational Ministries Inc ($161k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 43% of the total. At year end it held assets of $270k against liabilities of $23k, net assets of $247k.