Nacogdoches Hope

Analysis

Nacogdoches Hope is a registered charity in United States, based in Nacogdoches, TX. It received its IRS tax-exemption ruling in August 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Nacogdoches Hope reported income of $235k and spending of $247k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $106k to $235k (+122%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 396%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nacogdoches Hope sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Officer Daniel Boyle Scholarship Fund Inc ($235k), Spring Grove Area Scholarship Fund ($235k) and Bergen Electronic Library for Schools Consortium for School Libr ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.