Hopestart International

Analysis

Hopestart International is a registered charity in United States, based in Oceanside, CA. It received its IRS tax-exemption ruling in January 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, Hopestart International reported income of $182k and spending of $222k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $312k to $182k (-42%), an average of -13% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. 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, Hopestart International sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Wellesley Food Pantry Inc ($182k), Tobacco Valley Food Pantry ($182k) and Palo Alto Chesed Fund Inc ($182k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $167k against liabilities of $0, net assets of $167k.