Hope4healing

Analysis

Hope4healing is a registered charity in United States, based in Gladbrook, IA. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Hope4healing reported income of $90k and spending of $90k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $90k (+3.5%), an average of +3.5% a year. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Hope4healing sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within IA. Charities of a similar size with the same main cause include Asheville Tool Library ($90k), B3 Coffee ($90k) and Molalla Train Park Inc ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $60k against liabilities of $0, net assets of $60k.