Hope Mobilization Inc

Analysis

Hope Mobilization Inc is a registered charity in United States, based in Lowell, MA. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Hope Mobilization Inc reported income of $343k and spending of $322k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $285k to $343k (+21%), an average of +9.8% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 94% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Hope Mobilization Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within MA. Charities of a similar size with the same main cause include Network for Strong Communities Inc ($343k), Korean American Civic Empowerment for Community Inc ($344k) and Alliance for Full Acceptance ($343k).

On its Form 990 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.