Hope Is Here Inc

Analysis

Hope Is Here Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover mental health and crisis intervention, 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 June 2024, Hope Is Here Inc reported income of $184k and spending of $145k, leaving 21% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $167k to $184k (+9.8%), an average of +9.8% a year. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope Is Here Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within KY. Charities of a similar size with the same main cause include Heartfelt Dreams Foundation Ltd ($184k), Nationwide Childrens Hospital Inc ($184k) and Your Fathers House Inc ($184k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $142k against liabilities of $0, net assets of $142k.