Hopewell Senior Day Care Center

Analysis

Hopewell Senior Day Care Center is a registered charity in United States, based in Salters, SC. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Hopewell Senior Day Care Center reported income of $379k and spending of $367k, spending 97% of its income. Across the 5 years on record, from December 2018 to December 2023, income grew from $258k to $379k (+47%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hopewell Senior Day Care Center 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 66th percentile, and in the 70th percentile within SC. Charities of a similar size with the same main cause include The Arrow Fund Inc ($379k), Encompass Early Education and Care Foundation Inc ($379k) and We Care ($379k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $21k. At year end it held assets of $10k against liabilities of $0, net assets of $10k.