House of Hope Kentucky Inc

Analysis

House of Hope Kentucky Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in April 2004, 22 years ago. Its declared purposes cover mental health and crisis intervention, 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, House of Hope Kentucky Inc reported income of $204k and spending of $196k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $148k to $204k (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 79% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, House of Hope Kentucky Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within KY. Charities of a similar size with the same main cause include Danas Angels Research TR ($204k), South Mississippi Health Services Inc ($204k) and B Holding Group Foundation Inc ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Other salaries and wages came to $47k. At year end it held assets of $1.7m against liabilities of $1.3m, net assets of $377k. It reported 1 employees.