Hca Hope Fund

Analysis

Hca Hope Fund is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in September 2005, 21 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, Hca Hope Fund reported income of $11.8m and spending of $12.0m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.1m to $11.8m (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2020, when income rose by 68%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hca Hope Fund sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within TN. Charities of a similar size with the same main cause include Renewal Unlimited Inc ($11.8m), Harmonium Inc ($11.8m) and Jewish Home for the Aging of Orange County ($11.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $18.9m against liabilities of $3,278, net assets of $18.9m.