Hope Hits Harder

Analysis

Hope Hits Harder is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in April 2013, 13 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hope Hits Harder reported income of $635k and spending of $763k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $878k to $635k (-28%), an average of -7.8% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope Hits Harder sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Nami Pennsylvania ($635k), Elizabeth Community Ambulance Service ($635k) and Ritecare of Washington ($634k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% of the total. Other salaries and wages came to $60k. At year end it held assets of $920k against liabilities of $24k, net assets of $896k. It reported 1 employees.