Brown Hope

Analysis

Brown Hope is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in April 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Brown Hope reported income of $2.3m and spending of $2.5m, spending 105% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income fell from $3.0m to $2.3m (-21%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 37%. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Brown Hope sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within OR. Charities of a similar size with the same main cause include Schuylkill River Development Corporation ($2.3m), American Agape Foundation Inc ($2.3m) and Salinas Public Facilities Inc ($2.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 95% and program service revenue 4.3% of the total. Compensation of current officers, directors and key employees was $126k (5.1% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.9m against liabilities of $137k, net assets of $1.7m. It reported 45 employees.