Hope House Inc

Analysis

Hope House Inc is a registered charity in United States, based in Oneonta, AL. It received its IRS tax-exemption ruling in December 1999, 27 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, Hope House Inc reported income of $1.4m and spending of $728k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $712k to $1.4m (+100%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 95%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope House Inc 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 Fresno Youth Care Homes Inc ($1.4m), Society for Surgery of the Alimentary Tract ($1.4m) and Staunton Area Ambulance Service ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $25k (3.5% of expenses). Other salaries and wages came to $453k. At year end it held assets of $1.7m against liabilities of $9,865, net assets of $1.6m. It reported 32 employees.