House of Help City of Hope

Analysis

House of Help City of Hope is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Help City of Hope reported income of $513k and spending of $651k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $551k to $513k (-6.9%), an average of -1.8% a year. The sharpest change came in the year to December 2022, when income dropped by 26%. Over the whole period it spent 110% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, House of Help City of Hope sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 44th percentile within DC. Charities of a similar size with the same main cause include Wasatch Family Foundation ($512k), Rescue One More Inc ($513k) and Brooklyn Health Equity Foundation Inc ($512k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $80k (12% of expenses). Other salaries and wages came to $147k. At year end it held assets of $1.4m against liabilities of $2.3m, net assets of -$863k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.