Cafe Hope Inc

Analysis

Cafe Hope Inc is a registered charity in United States, based in Gretna, LA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Cafe Hope Inc reported income of $1.0m and spending of $1.0m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $1.0m (-2.6%), an average of -0.7% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cafe Hope Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within LA. Charities of a similar size with the same main cause include Williamsburg Campus Child Care Inc ($1.0m), Carjan Corporation ($1.0m) and Calcutta Mercy Ministries ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $70k (7.0% of expenses). Other salaries and wages came to $320k. At year end it held assets of $1.9m against liabilities of $310k, net assets of $1.6m. It reported 21 employees.