The Hope Center-Brownsville Inc

Analysis

The Hope Center-Brownsville Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in April 2022, 4 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, The Hope Center-Brownsville Inc reported income of $61k and spending of $64k, spending 105% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $103k to $61k (-41%), an average of -16% a year. The sharpest change came in the year to December 2022, when income rose by 218%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Hope Center-Brownsville Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 27th percentile within FL. Charities of a similar size with the same main cause include Fundacion Bechara Inc ($61k), Shoval&more NFP ($61k) and Fletcher Street Urban Riding Club ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,187 against liabilities of $0, net assets of $1,187.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.