Eliza Hope Foundation

Analysis

Eliza Hope Foundation is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Eliza Hope Foundation reported income of $421k and spending of $365k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $159k to $421k (+164%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 139%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Eliza Hope Foundation 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 67th percentile, and in the 67th percentile within VA. Charities of a similar size with the same main cause include Blakelys Tender Care ($421k), Growing Places Indy Inc ($421k) and Political Report Inc ($421k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 107% and program service revenue 17% of the total. Other salaries and wages came to $139k. At year end it held assets of $361k against liabilities of $237, net assets of $360k. It reported 3 employees.