Hope Clinic Inc

Analysis

Hope Clinic Inc is a registered charity in United States, based in Bartlesville, OK. It received its IRS tax-exemption ruling in August 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 $155k and spending of $142k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $850k to $155k (-82%), an average of -35% a year. The sharpest change came in the year to December 2020, when income dropped by 82%. Over the whole period it spent 44% 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 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within OK. Charities of a similar size with the same main cause include World Vision Change Inc ($155k), Community Venture Partners Inc ($155k) and Helping Everyone Receive Ongoing Effective Support ($155k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.