Hopespoke

Analysis

Hopespoke is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in August 1951, 75 years ago. Its declared purposes cover mental health and crisis intervention, 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 June 2023, Hopespoke reported income of $6.7m and spending of $6.1m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.5m to $6.7m (+21%), an average of +5.0% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hopespoke sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within NE. Charities of a similar size with the same main cause include Make-A-Wish Foundation of Massachusetts and Rhode Island Inc ($6.7m), Glade Run Medical Associates ($6.7m) and Uncompahgre Combined Clinics ($6.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $426k (7.0% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $4.2m against liabilities of $383k, net assets of $3.8m. It reported 146 employees.