Hope Childrens Fund Ltd

Analysis

Hope Childrens Fund Ltd is a registered charity in United States, based in East Setauket, NY. 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 (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 Childrens Fund Ltd reported income of $96k and spending of $95k, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $124k to $96k (-22%), an average of -8.1% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Childrens Fund Ltd sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Santa David Childrens Fund Inc ($96k), Bloc Life Inc ($96k) and Cerebral Palsy Group Living Inc ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $141k against liabilities of $0, net assets of $141k.