Hopeland

Analysis

Hopeland is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 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, Hopeland reported income of $559k and spending of $796k, spending 142% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $613k to $559k (-8.8%), an average of -2.3% a year. The sharpest change came in the year to December 2023, when income rose by 251%. Over the whole period it spent 118% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hopeland sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include No-Till on the Plains Inc ($559k), Men of Melchizedek Inc ($559k) and Youth and Community Recreation Center of East Central Illinois in ($559k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $208k (26% of expenses). Other salaries and wages came to $269k. At year end it held assets of $151k against liabilities of $40k, net assets of $111k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.