Hope 139 House Inc

Analysis

Hope 139 House Inc is a registered charity in United States, based in Bishop, GA. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 139 House Inc reported income of $496k and spending of $55k, leaving 89% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $695k to $496k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 8.8% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope 139 House Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within GA. Charities of a similar size with the same main cause include Trustees of Charitable Donations for Inhabitants ($496k), Saving Mothers ($496k) and Day52 Inc ($496k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $22k (40% of expenses). At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.