House of Hope for Independent Living Inc

Analysis

House of Hope for Independent Living Inc is a registered charity in United States, based in Texas City, TX. It received its IRS tax-exemption ruling in October 2017, 9 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, House of Hope for Independent Living Inc reported income of $165k and spending of $93k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $89k to $165k (+86%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 76%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, House of Hope for Independent Living Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include Horse & Petting Pal Interaction Inc ($165k), Volunteer Guardianship One-On-One ($165k) and Peniel Mission Inc ($165k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $326k against liabilities of $0, net assets of $326k. It reported 1 employees.