Blaze of Hope

Analysis

Blaze of Hope is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Blaze of Hope reported income of $90k and spending of $92k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $90k (+4.2%), an average of +4.2% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Blaze of Hope sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include Marion Senior Citizens Association Inc ($90k), Lead-Up International ($90k) and Society for the Advancement of Gerontological Environments ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.