Rea of Hope Fellowship Home Inc

Analysis

Rea of Hope Fellowship Home Inc is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in October 2002, 24 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 June 2023, Rea of Hope Fellowship Home Inc reported income of $984k and spending of $913k, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $868k to $984k (+13%), an average of +4.3% a year. The sharpest change came in the year to June 2021, when income rose by 33%. 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, Rea of Hope Fellowship Home Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within WV. Charities of a similar size with the same main cause include Polg Foundation ($984k), Health Information Project Inc ($984k) and Pride Integrated Services Inc ($983k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $83k (9.1% of expenses). Other salaries and wages came to $407k. At year end it held assets of $2.7m against liabilities of $33k, net assets of $2.6m. It reported 17 employees.