Hand of Hope Inc

Analysis

Hand of Hope Inc is a registered charity in United States, based in Cordele, GA. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Hand of Hope Inc reported income of $176k and spending of $191k, spending 109% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $191k to $176k (-8.1%), an average of -8.1% a year. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hand of Hope Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within GA. Charities of a similar size with the same main cause include Family Network ($176k), Central Texas Pregnancy Care Center Inc ($176k) and Mack Family Foundation ($176k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $30k against liabilities of $1,123, net assets of $29k.