Nuhope Alano Inc

Analysis

Nuhope Alano Inc is a registered charity in United States, based in El Mirage, AZ. It received its IRS tax-exemption ruling in March 1986, 40 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nuhope Alano Inc reported income of $72k and spending of $71k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $72k (+14%), an average of +14% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nuhope Alano Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within AZ. Charities of a similar size with the same main cause include North Carolina Association for the Education of Young Children ($72k), Harlingen Police Education and Community Fund ($72k) and American Political Items Collectors ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 78% of the total. At year end it held assets of $275k against liabilities of $1,704, net assets of $273k.