Hope4recovery

Analysis

Hope4recovery is a registered charity in United States, based in Berlin, MD. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 December 2023, Hope4recovery reported income of $592k and spending of $581k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $231k to $592k (+156%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 84%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope4recovery sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MD. Charities of a similar size with the same main cause include Hill Top Center ($592k), Assist ($592k) and Upmc ($592k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. At year end it held assets of $768k against liabilities of $635k, net assets of $133k.