Hope Haven of Northeast Georgia Inc

Analysis

Hope Haven of Northeast Georgia Inc is a registered charity in United States, based in Athens, GA. It received its IRS tax-exemption ruling in March 1962, 64 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Hope Haven of Northeast Georgia Inc reported income of $2.2m and spending of $2.2m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.3m to $2.2m (-35%), an average of -10% a year. The sharpest change came in the year to June 2022, when income dropped by 22%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hope Haven of Northeast Georgia Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include Bloomingdale Family Program Inc Head Start ($2.2m), City Club of Cleveland ($2.2m) and Life Skills Center of Columbus Southeast ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $1.2m against liabilities of $183k, net assets of $1.0m. It reported 59 employees.