Bettie D Gonzalez Foundation of Hope

Analysis

Bettie D Gonzalez Foundation of Hope is a registered charity in United States, based in Gordonville, TX. It received its IRS tax-exemption ruling in September 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, Bettie D Gonzalez Foundation of Hope reported income of $77k and spending of $79k, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $74k to $77k (+3.5%), an average of +1.7% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bettie D Gonzalez Foundation of Hope sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include Christians Acting Together Inc ($77k), Southeast Georgia Communities Project Inc ($77k) and Geneva Area Senior Corporation ($77k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $152k against liabilities of $0, net assets of $152k.