The Center for Hope Inc

Analysis

The Center for Hope Inc is a registered charity in United States, based in Idaho Falls, ID. It received its IRS tax-exemption ruling in February 2021, 5 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 (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, The Center for Hope Inc reported income of $836k and spending of $594k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $378k to $836k (+121%), an average of +121% a year. The sharpest change came in the year to December 2023, when income rose by 121%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Center for Hope Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within ID. Charities of a similar size with the same main cause include The Womens Breast & Heart Initiative Florida Affiliate Inc ($836k), Wellmet Project Inc ($836k) and Putnam Hospital Center Foundation Inc ($836k).

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 $479k against liabilities of $0, net assets of $479k.