Greater Hope Community Development Organization Inc

Analysis

Greater Hope Community Development Organization Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in August 2016, 10 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 December 2023, Greater Hope Community Development Organization Inc reported income of $343k and spending of $162k, leaving 53% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $248k to $343k (+38%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 128%. Over the whole period it spent 42% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Greater Hope Community Development Organization Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Park Way Commons Housing Development Fund Company Inc ($342k), Saxonburg Presbyterian Senior Housing Inc ($343k) and Fish of Albany Incorporated ($342k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $211k against liabilities of $7,800, net assets of $203k.