Hope Family Village Corporation

Analysis

Hope Family Village Corporation is a registered charity in United States, based in Williamsburg, VA. It received its IRS tax-exemption ruling in October 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 December 2023, Hope Family Village Corporation reported income of $54k and spending of $18k, leaving 67% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $44k to $54k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 51% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope Family Village Corporation sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within VA. Charities of a similar size with the same main cause include Maxis Health System ($54k), Recovery Resources Living in Sobriety Inc ($54k) and Sayville Cabinet for the Sick Inc ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $122k against liabilities of $1,175, net assets of $121k.