Hope Now for Youth Inc

Analysis

Hope Now for Youth Inc is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 June 2023, Hope Now for Youth Inc reported income of $1.0m and spending of $637k, leaving 37% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $681k to $1.0m (+48%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 89%. Over the whole period it spent 81% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Hope Now for Youth Inc 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 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Legal Services for Seniors ($1.0m), Pathway to Freedom Inc ($1.0m) and Catholic Mobilizing Network ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. Other salaries and wages came to $314k. At year end it held assets of $571k against liabilities of $357, net assets of $571k. It reported 23 employees.