Hope 4 Inc

Analysis

Hope 4 Inc is a registered charity in United States, based in Irwin, PA. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Inc reported income of $142k and spending of $142k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $152k to $142k (-6.4%), an average of -6.4% a year. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hope 4 Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within PA. Charities of a similar size with the same main cause include Gfyc Foundation Inc ($142k), Alabama Germany Partnership ($142k) and Ascension Lutheran Church Foundation ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $107k against liabilities of $23k, net assets of $84k.