Bastrop Hope House

Analysis

Bastrop Hope House is a registered charity in United States, based in Bastrop, TX. It received its IRS tax-exemption ruling in April 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, Bastrop Hope House reported income of $428k and spending of $182k, leaving 57% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $221k to $428k (+94%), an average of +94% a year. The sharpest change came in the year to December 2023, when income rose by 94%. Over the whole period it spent 55% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bastrop Hope House sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Ruths Gleanings ($428k), Muskogee Bridges Out of Poverty Inc ($428k) and Marshall County Christmas Coalition Inc ($428k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $33k (18% of expenses). Other salaries and wages came to $23k. It paid $12k in professional fundraising fees. At year end it held assets of $425k against liabilities of $1,791, net assets of $424k. It reported 6 employees.