Hope 4 Kids Incorporated

Analysis

Hope 4 Kids Incorporated is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in August 2018, 8 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 4 Kids Incorporated reported income of $424k and spending of $479k, spending 113% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $375k to $424k (+13%), an average of +4.2% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope 4 Kids Incorporated 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 68th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Jacobs Village Inc ($424k), Simply the Basics ($424k) and Lemhi County Crisis Intervention Inc ($424k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% of the total. Compensation of current officers, directors and key employees was $46k (9.6% of expenses). Other salaries and wages came to $106k. At year end it held assets of $38k against liabilities of $0, net assets of $38k. It reported 9 employees.