Hope Inc

Analysis

Hope Inc is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Hope Inc reported income of $255k and spending of $231k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $227k to $255k (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2022, when income rose by 15%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope Inc sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within CO. Charities of a similar size with the same main cause include Team Hope in Motion Inc ($255k), First Integrated Community and Care Services ($255k) and Pennsylvania Association of Treatment Court Professionals ($255k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $194k. At year end it held assets of $24k against liabilities of $0, net assets of $24k.