Hope in Focus Inc

Analysis

Hope in Focus Inc is a registered charity in United States, based in Ledyard, CT. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 in Focus Inc reported income of $291k and spending of $308k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $268k to $291k (+8.3%), an average of +2.0% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope in Focus Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within CT. Charities of a similar size with the same main cause include Connecting to Cure Crohns and Colit Is Inc ($291k), New Horizons Treatment Center ($291k) and North India Christian Mission Inc ($291k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 20% of the total. Other salaries and wages came to $75k. At year end it held assets of $189k against liabilities of $35k, net assets of $154k. It reported 1 employees.