Every Day Hope

Analysis

Every Day Hope is a registered charity in United States, based in Wrenshall, MN. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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, Every Day Hope reported income of $88k and spending of $58k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $43k to $88k (+104%), an average of +104% a year. The sharpest change came in the year to December 2023, when income rose by 104%. Over the whole period it spent 79% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Every Day Hope sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within MN. Charities of a similar size with the same main cause include Rolling Start NC ($88k), Parkview Corporation ($88k) and Kiwanis Club of Los Altos Foundation ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.