Hope Healthcare Services

Analysis

Hope Healthcare Services is a registered charity in United States, based in Avon, IN. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hope Healthcare Services reported income of $546k and spending of $519k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $470k to $546k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope Healthcare Services 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 72nd percentile, and in the 71st percentile within IN. Charities of a similar size with the same main cause include American Academy of Forensic Psychology Inc ($546k), Safehaven Inc ($547k) and Saving Peoples Smiles Dental Center ($545k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $175k (34% of expenses). Other salaries and wages came to $148k. At year end it held assets of $576k against liabilities of $110k, net assets of $466k. It reported 11 employees.