Vision of Hope Inc

Analysis

Vision of Hope Inc is a registered charity in United States, based in Pace, FL. It received its IRS tax-exemption ruling in May 2011, 15 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, Vision of Hope Inc reported income of $118k and spending of $79k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $118k to $118k (-0.1%), an average of -0.1% a year. Over the whole period it spent 63% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vision of Hope Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 45th percentile within FL. Charities of a similar size with the same main cause include Curiosity 2 Create Foundation ($118k), Jesus Love House Mission Inc ($118k) and Parikrma USA Inc ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. At year end it held assets of $259k against liabilities of $26k, net assets of $234k.