Hope Clinic Inc

Analysis

Hope Clinic Inc is a registered charity in United States, based in Hattiesburg, MS. It received its IRS tax-exemption ruling in October 2014, 12 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, Hope Clinic Inc reported income of $665k and spending of $326k, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $272k to $665k (+144%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 126%. Over the whole period it spent 54% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Clinic Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within MS. Charities of a similar size with the same main cause include Campus Fun & Learn Child Developmen T Center Inc ($665k), Ruth Project Ministries ($666k) and Ileihno Bopachemihn Inc ($665k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $136k. At year end it held assets of $1.2m against liabilities of $4,327, net assets of $1.2m. It reported 8 employees.