Converse Hope Center

Analysis

Converse Hope Center is a registered charity in United States, based in Douglas, WY. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover mental health and crisis intervention, 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 June 2023, Converse Hope Center reported income of $293k and spending of $307k, spending 105% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $349k to $293k (-16%), an average of -5.7% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Converse Hope Center sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within WY. Charities of a similar size with the same main cause include Brunan Inc ($293k), International Dermatology Education Foundation Inc ($293k) and Allo Hope Foundation ($293k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $224k. At year end it held assets of $268k against liabilities of $1,027, net assets of $267k. It reported 9 employees.