Hope Motorcycle Rally

Analysis

Hope Motorcycle Rally is a registered charity in United States, based in Hollister, CA. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 Motorcycle Rally reported income of $64k and spending of $64k, spending 101% of its income. The sharpest change came in the year to December 2022, when income rose by 998%. Over the whole period it spent 139% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope Motorcycle Rally sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include Healing Justice Foundation ($64k), Society for Opioid Free Anesthesia ($64k) and Autism Support of Michigan ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $2,296 against liabilities of $0, net assets of $2,296.