Health and Hope Foundation
Analysis
Health and Hope Foundation is a registered charity in United States, based in Edmonds, WA. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Health and Hope Foundation reported income of $226k and spending of $270k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $244k to $226k (-7.4%), an average of -7.4% a year. Over the whole period it spent 100% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Health and Hope Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within WA. Charities of a similar size with the same main cause include Gendernexus ($226k), Concerned for the Hungry Inc ($226k) and Urban Family Ministries ($226k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $119k against liabilities of $10k, net assets of $108k.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Other 5.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Gendernexus | Indianapolis | $226k |
| Concerned for the Hungry Inc | Schenectady | $226k |
| Urban Family Ministries | Grand Rapids | $226k |
| Tinina Q Cade Foundation Inc | Owings Mills | $226k |