Washington Street Hope Center Inc

Analysis

Washington Street Hope Center Inc is a registered charity in United States, based in Marksville, LA. It received its IRS tax-exemption ruling in December 2022, 4 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 June 2023, Washington Street Hope Center Inc reported income of $2.0m and spending of $1.7m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.0m (+26%), an average of +5.9% a year. The sharpest change came in the year to June 2020, when income rose by 26%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Washington Street Hope Center Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within LA. Charities of a similar size with the same main cause include Recovery Is Happening ($2.0m), Farm of Hope Inc ($2.0m) and Ibd Horizons ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $833k. At year end it held assets of $2.8m against liabilities of $63k, net assets of $2.7m. It reported 37 employees.