Northern Hope Center

Analysis

Northern Hope Center is a registered charity in United States, based in Fairbanks, AK. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2024, Northern Hope Center reported income of $579k and spending of $602k, spending 104% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $289k to $579k (+100%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 119%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Northern Hope Center sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 69th percentile within AK. Charities of a similar size with the same main cause include American Neurotology Society ($579k), Louisa County Resource Council of Louisa Virginia ($579k) and Paula Takacs Foundation for Sarcoma Research ($579k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $323k (54% of expenses). At year end it held assets of $89k against liabilities of $16k, net assets of $74k. It reported 6 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.