Hope to Walk

Analysis

Hope to Walk is a registered charity in United States, based in Blacksburg, VA. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover health care, 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 December 2023, Hope to Walk reported income of $283k and spending of $456k, spending 161% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $291k to $283k (-2.8%), an average of -0.7% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope to Walk 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 61st percentile, and in the 60th percentile within VA. Charities of a similar size with the same main cause include Ahope for Children ($283k), Marwin Counceling Services ($283k) and Educational Foundation of the Texas Hotel & Motel Association Inc ($283k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $147k (32% of expenses). Other salaries and wages came to $2,966. At year end it held assets of $115k against liabilities of $11k, net assets of $104k. It reported 3 employees.