Three Wishes Hope Foundation

Analysis

Three Wishes Hope Foundation is a registered charity in United States, based in Satellite BCH, FL. 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, Three Wishes Hope Foundation reported income of $209k and spending of $156k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $293k to $209k (-29%), an average of -8.1% a year. The sharpest change came in the year to December 2022, when income dropped by 19%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Three Wishes Hope Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within FL. Charities of a similar size with the same main cause include Eastern Oklahoma County Resource Center Inc ($209k), Village on the Isle Foundation Inc ($210k) and Foster Care Council of Lexky Inc ($209k).

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 $53k against liabilities of $0, net assets of $53k.