Rescuing Hope Inc

Analysis

Rescuing Hope Inc is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Rescuing Hope Inc reported income of $575k and spending of $434k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $189k to $575k (+205%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 80% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Rescuing Hope Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within GA. Charities of a similar size with the same main cause include LGBT Center of Greater Reading ($574k), First Coast Crimestoppers Inc ($575k) and Centro Presente Inc ($574k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $33k (7.6% of expenses). Other salaries and wages came to $212k. At year end it held assets of $640k against liabilities of $66k, net assets of $574k. It reported 9 employees.