Sidewalk Hope Inc

Analysis

Sidewalk Hope Inc is a registered charity in United States, based in Spartanburg, SC. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Sidewalk Hope Inc reported income of $310k and spending of $328k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $266k to $310k (+16%), an average of +3.9% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Sidewalk Hope Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 67th percentile within SC. Charities of a similar size with the same main cause include Pinellas County Hunter Association Inc ($310k), Watuppa Rowing Center Inc ($310k) and Grand Valley Amateur Hockey Association Inc ($310k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. Other salaries and wages came to $117k. At year end it held assets of $115k against liabilities of $9,455, net assets of $106k. It reported 2 employees.