Hope Rising

Analysis

Hope Rising is a registered charity in United States, based in Brenham, TX. 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 June 2022, Hope Rising reported income of $1.0m and spending of $1.0m, spending 97% of its income. Across the 4 years on record, from June 2019 to June 2022, income fell from $1.0m to $1.0m (-0.0%), an average of +-0.0% a year. The sharpest change came in the year to June 2020, when income rose by 207%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Rising sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Schuyler County Child Care Coordinating Council ($1.0m), Bixby Community Outreach Center Inc ($1.0m) and Peoples Transit ($1.0m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 73% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $141k (14% of expenses). Other salaries and wages came to $200k. At year end it held assets of $1.2m against liabilities of $193k, net assets of $1.0m. It reported 13 employees.