Finding Hope

Analysis

Finding Hope is a registered charity in United States, based in Chesapeake, VA. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Finding Hope reported income of $126k and spending of $112k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $112k to $126k (+12%), an average of +12% a year. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Finding Hope sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within VA. Charities of a similar size with the same main cause include Clay County Heritage ($126k), Housing Southwest Incorporated ($126k) and Benedictine Manor II ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $348k against liabilities of $0, net assets of $348k.