Hopewell Youth Association Inc

Analysis

Hopewell Youth Association Inc is a registered charity in United States, based in Alpharetta, GA. It received its IRS tax-exemption ruling in July 2023, 3 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hopewell Youth Association Inc reported income of $525k and spending of $592k, spending 113% of what it took in. Across the 4 years on record, from December 2018 to December 2023, income grew from $263k to $525k (+100%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 92%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Hopewell Youth Association Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within GA. Charities of a similar size with the same main cause include Colorado International Soccer Academy ($525k), Imagine for Youth Foundation Inc ($525k) and Kids Cubed Inc ($524k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 126% of the total. At year end it held assets of $308k against liabilities of $19k, net assets of $289k.