Hopewill Foundation Inc

Analysis

Hopewill Foundation Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in June 2013, 13 years ago. Its declared purposes cover health care, 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, Hopewill Foundation Inc reported income of $805k and spending of $505k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $215k to $805k (+274%), an average of +39% a year. The sharpest change came in the year to December 2022, when income rose by 119%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hopewill Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include American Osteopathic College of Dermatology ($805k), Northwest Georgia Regional Cancer Coalition Inc ($805k) and Perfect Fit Foundation of SWK ($804k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 282% of the total. At year end it held assets of $458k against liabilities of $19k, net assets of $439k.