Raising Hope Inc

Analysis

Raising Hope Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Raising Hope Inc reported income of $117k and spending of $103k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $117k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Raising Hope Inc sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 38th percentile within AZ. Charities of a similar size with the same main cause include NVCSS Saint Clare Court Inc ($117k), Eudemonia Medical Service ($117k) and Nebraska Pregnancy Care Alliance ($117k).

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 $23k against liabilities of $0, net assets of $23k.