Hope Counseling Center

Analysis

Hope Counseling Center is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 December 2023, Hope Counseling Center reported income of $656k and spending of $652k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $566k to $656k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hope Counseling Center sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Homes for Heroes Inc ($655k), Synapse House ($656k) and Veterans Care Network ($655k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.3% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $459k (70% of expenses). Other salaries and wages came to $112k. At year end it held assets of $151k against liabilities of $120, net assets of $151k. It reported 7 employees.