Run-Hope-Work

Analysis

Run-Hope-Work is a registered charity in United States, based in Jessup, MD. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover employment, 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 2022, Run-Hope-Work reported income of $163k and spending of $302k, spending 185% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income grew from $153k to $163k (+6.9%), an average of +1.7% a year. The sharpest change came in the year to December 2022, when income dropped by 30%. Over the whole period it spent 123% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Run-Hope-Work sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within MD. Charities of a similar size with the same main cause include Knights of Columbus Foundation of Oklahoma ($163k), International Society of Endocrinology ($163k) and Institute for Commercialization of Florida Technology Inc ($163k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 64% of the total. Other salaries and wages came to $140k. It paid $7,683 in professional fundraising fees. At year end it held assets of $35k against liabilities of $155k, net assets of -$120k. It reported 5 employees.