Nurture Hope

Analysis

Nurture Hope is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in October 2021, 5 years ago. 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, Nurture Hope reported income of $82k and spending of $112k, spending 137% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $96k to $82k (-15%), an average of -15% a year. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nurture Hope sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 27th percentile within WA. Charities of a similar size with the same main cause include Thrift Shop United Church Women of Carbondale Il ($82k), Dearborn Orchestral Society Endowment Fund Inc ($82k) and PTA South Carolina Congress ($82k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $100k against liabilities of $119k, net assets of -$18k.