Operation Hope North County Inc

Analysis

Operation Hope North County Inc is a registered charity in United States, based in Vista, CA. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Operation Hope North County Inc reported income of $850k and spending of $918k, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $750k to $850k (+13%), an average of +3.2% a year. The sharpest change came in the year to June 2020, when income rose by 54%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Operation Hope North County Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include McKees Rocks Community Development Corp ($850k), Gha Community Development Corporation ($850k) and Palm Village Senior Housing Corp ($849k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 108% of the total. Compensation of current officers, directors and key employees was $230k (25% of expenses). Other salaries and wages came to $410k. At year end it held assets of $1.8m against liabilities of $479k, net assets of $1.3m. It reported 28 employees.