Mission of Hope

Analysis

Mission of Hope is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in February 1982, 44 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, Mission of Hope reported income of $1.5m and spending of $1.4m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.5m (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2020, when income rose by 17%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mission of Hope sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within AL. Charities of a similar size with the same main cause include Ourspace World Inc ($1.5m), Ahavas Chaim Inc ($1.5m) and Parkinson Association of the Rockies ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. Other salaries and wages came to $483k. At year end it held assets of $1.0m against liabilities of $9,959, net assets of $1.0m. It reported 24 employees.