Mariatu S Hope Inc

Analysis

Mariatu S Hope Inc is a registered charity in United States, based in Lake Wales, FL. It received its IRS tax-exemption ruling in May 2015, 11 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, Mariatu S Hope Inc reported income of $576k and spending of $616k, spending 107% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $351k to $576k (+64%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mariatu S Hope Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include Food for Hope ($576k), Let There Be Mom Inc ($576k) and Freedom Lake Inc ($576k).

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 $236k against liabilities of $0, net assets of $236k. It reported 2 employees.