Hopebuilders Home Repair Inc

Analysis

Hopebuilders Home Repair Inc is a registered charity in United States, based in Overland Park, KS. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Hopebuilders Home Repair Inc reported income of $755k and spending of $756k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $262k to $755k (+188%), an average of +30% a year. The sharpest change came in the year to December 2020, when income rose by 55%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hopebuilders Home Repair Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within KS. Charities of a similar size with the same main cause include Palo Alto Senior Housing Project Inc ($754k), Villa Seton Inc ($755k) and Habitat for Humanity International Inc ($754k).

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 $75k (9.9% of expenses). Other salaries and wages came to $104k. At year end it held assets of $321k against liabilities of $11k, net assets of $311k. It reported 7 employees.