Return to Zero Hope Inc

Analysis

Return to Zero Hope Inc is a registered charity in United States, based in Altadena, CA. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Return to Zero Hope Inc reported income of $195k and spending of $253k, spending 130% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $202k to $195k (-3.5%), an average of -3.5% a year. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Return to Zero Hope Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Muslim Support Organization ($195k), Center for Successful Aging ($195k) and Iskashitaa Refugee Network ($195k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 48% of the total. At year end it held assets of $92k against liabilities of $5,605, net assets of $86k.