Haveihope Inc

Analysis

Haveihope Inc is a registered charity in United States, based in Normal, AL. It received its IRS tax-exemption ruling in June 2016, 10 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, Haveihope Inc reported income of $110k and spending of $109k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $97k to $110k (+14%), an average of +14% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Haveihope Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within AL. Charities of a similar size with the same main cause include Operation Full Fridge Inc ($110k), Pathways to Children Foundation ($110k) and Refugee Assistance Morris Part ($110k).

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 $51k against liabilities of $0, net assets of $51k.