Project Hope a Non-Profit Corporation

Analysis

Project Hope a Non-Profit Corporation is a registered charity in United States, based in N Chesterfld, VA. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover health care, 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, Project Hope a Non-Profit Corporation reported income of $136k and spending of $163k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $166k to $136k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Project Hope a Non-Profit Corporation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within VA. Charities of a similar size with the same main cause include Cross-Road Foundation Inc ($136k), Brylans Feat Foundation ($136k) and Lancaster Landing Inc ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $351k against liabilities of $0, net assets of $351k.