Wiregrass Hope Group Inc

Analysis

Wiregrass Hope Group Inc is a registered charity in United States, based in Dothan, AL. It received its IRS tax-exemption ruling in October 1984, 42 years ago. 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, Wiregrass Hope Group Inc reported income of $1.1m and spending of $847k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $1.1m (-0.7%), an average of -0.2% a year. The sharpest change came in the year to December 2020, when income dropped by 29%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wiregrass Hope Group Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within AL. Charities of a similar size with the same main cause include Mediation Center ($1.1m), St Simeon II Housing Development Fund Company Inc ($1.1m) and Christian Home for Children Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. Other salaries and wages came to $552k. At year end it held assets of $2.4m against liabilities of $9,322, net assets of $2.4m. It reported 18 employees.