Chris Hope Foundation

Analysis

Chris Hope Foundation is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Chris Hope Foundation reported income of $162k and spending of $175k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $180k to $162k (-10%), an average of -10% a year. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Chris Hope Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within TN. Charities of a similar size with the same main cause include Volunteer Information & Referral Service ($162k), Life Houses Inc ($162k) and Testicular Cancer Society ($162k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $7,050 (4.0% of expenses). At year end it held assets of $78k against liabilities of $1,006, net assets of $77k.