Amazon Hope

Analysis

Amazon Hope is a registered charity in United States, based in Boaz, AL. It received its IRS tax-exemption ruling in April 2016, 10 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, Amazon Hope reported income of $1.6m and spending of $1.5m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $564k to $1.6m (+175%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Amazon Hope sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within AL. Charities of a similar size with the same main cause include Waterleaf Womens Center Inc ($1.6m), South Whidbey Good Cheer Inc ($1.6m) and Family Justice Center of Erie County Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 97% of the total. Other salaries and wages came to $375k. At year end it held assets of $155k against liabilities of $83k, net assets of $72k. It reported 51 employees.