Ribbon of Hope Foundation Incorporated

Analysis

Ribbon of Hope Foundation Incorporated is a registered charity in United States, based in De Pere, WI. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Ribbon of Hope Foundation Incorporated reported income of $355k and spending of $285k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $389k to $355k (-8.7%), an average of -2.3% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ribbon of Hope Foundation Incorporated sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within WI. Charities of a similar size with the same main cause include Jacob Green Charity Classic ($354k), United Way of Lawrence County ($355k) and United Way of Bulloch County Inc ($354k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $824k against liabilities of $0, net assets of $824k.