Hope Action Care

Analysis

Hope Action Care is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in September 1988, 38 years ago. 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 Action Care reported income of $956k and spending of $894k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $757k to $956k (+26%), an average of +6.0% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hope Action Care sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Ultrasound School of North American Rheumatologists Inc ($956k), Big Picture Alliance ($957k) and Erie Residential Living Inc ($956k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $82k (9.2% of expenses). Other salaries and wages came to $164k. At year end it held assets of $3.0m against liabilities of $1.2m, net assets of $1.8m. It reported 6 employees.