Hope Cancer Resources

Analysis

Hope Cancer Resources is a registered charity in United States, based in Springdale, AR. It received its IRS tax-exemption ruling in August 1984, 42 years ago. Its declared purposes cover health care, 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 Cancer Resources reported income of $4.3m and spending of $4.3m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $4.3m (+37%), an average of +8.2% a year. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope Cancer Resources 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 91st percentile, and in the 91st percentile within AR. Charities of a similar size with the same main cause include Project New Hope ($4.3m), Recovery Cafe ($4.3m) and Walker Center for Alcoholism and Drug Abuse Inc ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $197k (4.6% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $559k against liabilities of $265k, net assets of $294k. It reported 53 employees.