Hope Academy for Personalized Education

Analysis

Hope Academy for Personalized Education is a registered charity in United States, based in Chico, CA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Hope Academy for Personalized Education reported income of $300k and spending of $292k, spending 97% of its income. Across the 3 years on record, from June 2021 to June 2023, income fell from $310k to $300k (-3.1%), an average of -1.6% a year. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hope Academy for Personalized Education sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include National Baptist Sunday Church School & Baptist Training Union ($300k), Signs of Love ($301k) and Foundation for Clinical Pastoral Education Inc ($300k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.3% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $36k (12% of expenses). Other salaries and wages came to $175k. At year end it held assets of $107k against liabilities of $23k, net assets of $85k. It reported 25 employees.