Blue Ridge Hope

Analysis

Blue Ridge Hope is a registered charity in United States, based in Forest City, NC. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Blue Ridge Hope reported income of $690k and spending of $630k, spending 91% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $427k to $690k (+62%), an average of +62% a year. The sharpest change came in the year to June 2023, when income rose by 62%. 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, Blue Ridge Hope sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within NC. Charities of a similar size with the same main cause include Hope Pregnancy Ministries of Kalispell Montana Inc ($690k), Adult Teen Challenge of Western Wisconsin Inc ($690k) and Marlyn Behavioral Health Systemsinc ($689k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. Other salaries and wages came to $188k. At year end it held assets of $194k against liabilities of $3,310, net assets of $190k. It reported 9 employees.