Hope 4 Youth

Analysis

Hope 4 Youth is a registered charity in United States, based in Anoka, MN. It received its IRS tax-exemption ruling in June 2013, 13 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 4 Youth reported income of $1.9m and spending of $1.8m, spending 95% of its income. Across the 5 years on record, from September 2019 to December 2023, income grew from $1.9m to $1.9m (+1.8%), an average of +0.4% a year. The sharpest change came in the year to December 2021, when income rose by 112%. Over the whole period it spent 93% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Hope 4 Youth sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within MN. Charities of a similar size with the same main cause include Elevate Oregon ($1.9m), Boys to Men Transitional Home Inc ($1.9m) and Honestly Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 7.2% of the total. Compensation of current officers, directors and key employees was $143k (8.0% of expenses). Other salaries and wages came to $631k. At year end it held assets of $2.8m against liabilities of $88k, net assets of $2.8m. It reported 22 employees.