Todays Hope

Analysis

Todays Hope is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover mental health and crisis intervention, 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, Todays Hope reported income of $1.5m and spending of $1.6m, spending 105% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.2m to $1.5m (+23%), an average of +4.3% a year. The sharpest change came in the year to December 2020, when income rose by 55%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Todays Hope sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within TN. Charities of a similar size with the same main cause include Spektrum Health ($1.5m), A Life Worth Living ($1.5m) and Thoreau Navajo Outreach Incorporated ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.5% of the total. Compensation of current officers, directors and key employees was $102k (6.4% of expenses). Other salaries and wages came to $751k. At year end it held assets of $971k against liabilities of $668k, net assets of $303k. It reported 29 employees.

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.