St Hope Academy

Analysis

St Hope Academy is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in November 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, St Hope Academy reported income of $3.1m and spending of $2.3m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $3.1m (+3.2%), an average of +0.8% a year. The sharpest change came in the year to June 2021, when income rose by 46%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Hope Academy sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Drayton Hall Preservation Trust ($3.1m), Casa Juan Diego ($3.1m) and Community Involved in Sustaining Agriculture Inc ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $448k (20% of expenses). Other salaries and wages came to $503k. At year end it held assets of $4.7m against liabilities of $1.8m, net assets of $2.8m. It reported 26 employees.