Impact Hope

Analysis

Impact Hope is a registered charity in United States, based in Portland, OR. 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, Impact Hope reported income of $1.3m and spending of $1.5m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $749k to $1.3m (+77%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Impact Hope sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within OR. Charities of a similar size with the same main cause include Circle of Living Hope Inc ($1.3m), Culpepper Garden II Inc ($1.3m) and Lucy Idol Center Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $59k (3.9% of expenses). Other salaries and wages came to $86k. At year end it held assets of $993k against liabilities of $2,504, net assets of $990k. It reported 3 employees.