Club Hope Foundation Inc

Analysis

Club Hope Foundation Inc is a registered charity in United States, based in Ellwood City, PA. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Club Hope Foundation Inc reported income of $166k and spending of $180k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $229k to $166k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 79% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Club Hope Foundation Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within PA. Charities of a similar size with the same main cause include Accident Scene Management Inc ($166k), Multicultural Autism Action Network ($166k) and Touchmark Foundation ($166k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $234k against liabilities of $0, net assets of $234k.