Hope Rising Arizona

Analysis

Hope Rising Arizona is a registered charity in United States, based in Tucson, AZ. 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 (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 2022, Hope Rising Arizona reported income of $59k and spending of $11k, leaving 81% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income fell from $1.0m to $59k (-94%), an average of -94% a year. The sharpest change came in the year to December 2022, when income dropped by 94%. Over the whole period it spent 1.1% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Rising Arizona sits at the 21st percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within AZ. Charities of a similar size with the same main cause include Amanda Neal Foundation Inc ($59k), Ministerial Association of Anthony Inc ($59k) and Gracious Promise Foundation ($59k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.