Hope Response Inc

Analysis

Hope Response Inc is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in March 2016, 10 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, Hope Response Inc reported income of $303k and spending of $199k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $102k to $303k (+197%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Response Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within AZ. Charities of a similar size with the same main cause include Forvets ($303k), Arc of South Talladega County ($303k) and Michael C McHugh Memorial Fund Inc ($303k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $68k (34% of expenses). At year end it held assets of $223k against liabilities of $1,315, net assets of $222k. It reported 2 employees.