Partnership 4 Hope Inc

Analysis

Partnership 4 Hope Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in May 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 2023, Partnership 4 Hope Inc reported income of $436k and spending of $346k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $265k to $436k (+65%), an average of +65% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Partnership 4 Hope Inc 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 67th percentile within NE. Charities of a similar size with the same main cause include Projeto Mantena Ajuda Corp ($436k), Meet the Need Development Corporation ($436k) and Bit of Hope Ranch ($436k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $116k (33% of expenses). At year end it held assets of $305k against liabilities of $3,065, net assets of $302k. It reported 6 employees.