Hope for the Hurting

Analysis

Hope for the Hurting is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 2015, 11 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, Hope for the Hurting reported income of $688k and spending of $831k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $481k to $688k (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope for the Hurting sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Batya Girls Inc ($688k), Oberlin Early Childhood Center ($688k) and Potters House Family Service Center ($688k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 55% of the total. At year end it held assets of $4.0m against liabilities of $2.3m, net assets of $1.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.