Hope Harbor

Analysis

Hope Harbor is a registered charity in United States, based in Perris, CA. It received its IRS tax-exemption ruling in June 2012, 14 years ago. 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, Hope Harbor reported income of $307k and spending of $85k, leaving 72% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $124k to $307k (+148%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 471%. Over the whole period it spent 33% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hope Harbor sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Connecticut Lions Eye Research Foundation Inc ($307k), The Learning Loving Living Preschool Inc ($307k) and Shelter Services Inc ($307k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.9m against liabilities of $25k, net assets of $2.9m.