Wills Hope

Analysis

Wills Hope is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in February 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, Wills Hope reported income of $75k and spending of $96k, spending 128% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $95k to $75k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wills Hope sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within CO. Charities of a similar size with the same main cause include Glover Park Village Inc ($75k), The Childrens Outing ($75k) and Agricultural Lending Institute Inc ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 7.5% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.