Hope Walk of Yates County Inc

Analysis

Hope Walk of Yates County Inc is a registered charity in United States, based in Penn Yan, NY. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 Walk of Yates County Inc reported income of $53k and spending of $60k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $53k to $53k (+0.6%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope Walk of Yates County Inc sits at the 17th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Cure Mucolipidosis ($53k), Third Strand ($53k) and Bin Network Foundation Inc ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $130k against liabilities of $0, net assets of $130k.