Hope Story

Analysis

Hope Story is a registered charity in United States, based in Richardson, TX. It received its IRS tax-exemption ruling in December 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, Hope Story reported income of $337k and spending of $261k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $228k to $337k (+48%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 77% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope Story sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Orthopedic Surgery Seminars Inc ($337k), I Was Supposed to Have a Baby Inc ($337k) and Starlight Ministries Inc ($337k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $92k (35% of expenses). Other salaries and wages came to $9,915. At year end it held assets of $307k against liabilities of $8,405, net assets of $299k. It reported 2 employees.