Hope Encourage Love Protect

Analysis

Hope Encourage Love Protect is a registered charity in United States, based in Duncanville, TX. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending January 2023, Hope Encourage Love Protect reported income of $216k and spending of $201k, spending 93% of its income. Across the 2 years on record, from January 2022 to January 2023, income grew from $115k to $216k (+89%), an average of +89% a year. The sharpest change came in the year to January 2023, when income rose by 89%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Encourage Love Protect sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Marshall M Club ($216k), 109 James Parker Inc ($216k) and Sammys Place ($216k).

On its Form 990 for the period ending January 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.