Hope Mountain Foundation

Analysis

Hope Mountain Foundation is a registered charity in United States, based in Merced, CA. It received its IRS tax-exemption ruling in December 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, Hope Mountain Foundation reported income of $182k and spending of $170k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $239k to $182k (-24%), an average of -13% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Mountain Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Brittany Pointe Estates Residents Associations ($182k), Shower the People ($182k) and SJ Foundation ($182k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $186k against liabilities of $0, net assets of $186k.