Hope for Justice Inc

Analysis

Hope for Justice Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in August 2006, 20 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 March 2023, Hope for Justice Inc reported income of $5.5m and spending of $5.4m, spending 98% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $1.9m to $5.5m (+189%), an average of +42% a year. The sharpest change came in the year to March 2021, when income rose by 90%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope for Justice Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within TN. Charities of a similar size with the same main cause include Jewish Family Services Inc ($5.5m), Feed Louisville Inc ($5.5m) and Waste Not Inc ($5.5m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 99% and program service revenue 1.1% of the total. Other salaries and wages came to $2.2m. At year end it held assets of $1.6m against liabilities of $409k, net assets of $1.2m. It reported 25 employees.