Hopewell Heights Counseling Inc

Analysis

Hopewell Heights Counseling Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Hopewell Heights Counseling Inc reported income of $481k and spending of $474k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $336k to $481k (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hopewell Heights Counseling Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within KY. Charities of a similar size with the same main cause include Braided Wisdom Inc ($481k), Energy Capital Cooperative Childcare ($481k) and Dysart Community Center ($481k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.0% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $117k (25% of expenses). Other salaries and wages came to $54k. At year end it held assets of $28k against liabilities of $28k, net assets of $32. It reported 3 employees.