Mobile Hope Association

Analysis

Mobile Hope Association is a registered charity in United States, based in Leesburg, VA. It received its IRS tax-exemption ruling in August 2014, 12 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 June 2023, Mobile Hope Association reported income of $1.8m and spending of $1.8m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $960k to $1.8m (+90%), an average of +24% a year. The sharpest change came in the year to June 2021, when income rose by 62%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Mobile Hope Association 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 86th percentile within VA. Charities of a similar size with the same main cause include Girls on the Run Greater Boston ($1.8m), Los Ninos Primero Inc ($1.8m) and After School Activities Partnerships ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $98k (5.5% of expenses). Other salaries and wages came to $660k. At year end it held assets of $3.9m against liabilities of $3.5m, net assets of $493k. It reported 30 employees.