School of Hope

Analysis

School of Hope is a registered charity in United States, based in Fayetteville, NC. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2022, School of Hope reported income of $448k and spending of $419k, spending 93% of its income. Across the 5 years on record, from December 2018 to August 2022, income grew from $178k to $448k (+152%), an average of +26% a year. The sharpest change came in the year to August 2022, when income rose by 200%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, School of Hope sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within NC. Charities of a similar size with the same main cause include All Services for International Adoptees and Adoptive Families ($448k), Cal Poly Humboldt Real Estate Holdings ($448k) and Yucca Blossom Montessori ($448k).

On its Form 990 for the period ending August 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $23k (5.6% of expenses). Other salaries and wages came to $213k. At year end it held assets of $29k against liabilities of $0, net assets of $29k. It reported 24 employees.