Give Hope Foundation Inc

Analysis

Give Hope Foundation Inc is a registered charity in United States, based in Longwood, FL. It received its IRS tax-exemption ruling in August 2005, 21 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, Give Hope Foundation Inc reported income of $217k and spending of $103k, leaving 53% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $209k to $217k (+4.1%), an average of +2.0% a year. Over the whole period it spent 42% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Give Hope Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include United Way of Hastings ($217k), Long Island Community Chest Inc ($217k) and Lake Area Foundation Inc ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% of the total. At year end it held assets of $885k against liabilities of $77k, net assets of $808k.