Transcending Hope

Analysis

Transcending Hope is a registered charity in United States, based in Hillsboro, OR. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Transcending Hope reported income of $1.6m and spending of $1.7m, spending 104% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $455k to $1.6m (+250%), an average of +28% a year. The sharpest change came in the year to December 2022, when income rose by 144%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Transcending Hope sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within OR. Charities of a similar size with the same main cause include Kids in Need of Dentistry ($1.6m), Genesis Recovery Services Inc ($1.6m) and St Vincent de Paul Community Pharmacy Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $83k (5.0% of expenses). Other salaries and wages came to $480k. At year end it held assets of $350k against liabilities of $69k, net assets of $280k. It reported 18 employees.