Journey of Hope Inc

Analysis

Journey of Hope Inc is a registered charity in United States, based in Orem, UT. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 2022, Journey of Hope Inc reported income of $410k and spending of $317k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2020 to December 2022, income grew from $344k to $410k (+19%), an average of +9.1% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 90% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Journey of Hope Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within UT. Charities of a similar size with the same main cause include Addison County Court Diversion & Community Justice Projects Inc ($410k), Vcfamilia ($410k) and Pregnancy Resource Center Inc ($410k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $183k (58% of expenses). At year end it held assets of $117k against liabilities of $19k, net assets of $98k. It reported 5 employees.