Sarahs Fight for Hope Foundation

Analysis

Sarahs Fight for Hope Foundation is a registered charity in United States, based in Long Valley, NJ. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sarahs Fight for Hope Foundation reported income of $149k and spending of $131k, spending 88% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $184k to $149k (-19%), an average of -10% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sarahs Fight for Hope Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 55th percentile within NJ. Charities of a similar size with the same main cause include Howard Scott Residuary Trust Uw First Ala BK ($149k), Davidson Cares Inc ($149k) and Golden Apple Foundation of New Mexico ($149k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 0.1% of the total. At year end it held assets of $204k against liabilities of $0, net assets of $204k.