Hope in a Suitcase

Analysis

Hope in a Suitcase is a registered charity in United States, based in Beverly Hills, CA. 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 (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 in a Suitcase reported income of $699k and spending of $649k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $601k to $699k (+16%), an average of +3.9% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope in a Suitcase sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Nehemiah Expansion ($699k), Lutheran Housing Services 9 Incorporated ($699k) and Shelby County Childrens Advocacy Center Inc ($699k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.9% of the total. Other salaries and wages came to $96k. At year end it held assets of $789k against liabilities of $20k, net assets of $769k.