National House of Hope Inc

Analysis

National House of Hope Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in January 2002, 24 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 2022, National House of Hope Inc reported income of $162k and spending of $390k, spending 241% of what it took in. Across the 4 years on record, from December 2018 to December 2022, income fell from $218k to $162k (-26%), an average of -9.4% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, National House of Hope Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within FL. Charities of a similar size with the same main cause include Independence Foundation Inc ($162k), Weld Family Cares ($162k) and Danville Police Associationcharitableorganization ($162k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $135k (35% of expenses). At year end it held assets of $130k against liabilities of $978, net assets of $129k. It reported 3 employees.