Grant Me Hope

Analysis

Grant Me Hope is a registered charity in United States, based in Holland, MI. It received its IRS tax-exemption ruling in September 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, Grant Me Hope reported income of $3.0m and spending of $1.5m, leaving 52% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $295k to $3.0m (+932%), an average of +221% a year. The sharpest change came in the year to December 2023, when income rose by 369%. Over the whole period it spent 55% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grant Me Hope sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within MI. Charities of a similar size with the same main cause include Advocate Hostels Holding Inc ($3.0m), A Brighter Community Inc ($3.0m) and Reality House West ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 7.7% of the total. Other salaries and wages came to $201k. At year end it held assets of $2.3m against liabilities of $206k, net assets of $2.1m. It reported 17 employees.