Hope Day School

Analysis

Hope Day School is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in November 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Hope Day School reported income of $1.1m and spending of $861k, leaving 23% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $407k to $1.1m (+173%), an average of +28% a year. The sharpest change came in the year to August 2020, when income rose by 111%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Day School sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Gospel Rescue Mission of Grants Pass ($1.1m), Hume Home of Muskegon ($1.1m) and Parkville Womens Clinic ($1.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $104k (12% of expenses). Other salaries and wages came to $388k. At year end it held assets of $862k against liabilities of $17k, net assets of $846k. It reported 18 employees.