Fort Hope Inc

Analysis

Fort Hope Inc is a registered charity in United States, based in Arroyo Grande, CA. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Fort Hope Inc reported income of $138k and spending of $185k, spending 135% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $869k to $138k (-84%), an average of -46% a year. The sharpest change came in the year to December 2021, when income dropped by 80%. Over the whole period it spent 59% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fort Hope Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Armada Booster Club Inc ($138k), Temescal Aquatic Masters ($138k) and Leelanau County Soccer Club ($138k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $37k (20% of expenses). Other salaries and wages came to $58k. At year end it held assets of $770k against liabilities of $1,394, net assets of $769k. It reported 2 employees.

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.