Students Fund of Hope

Analysis

Students Fund of Hope is a registered charity in United States, based in Columbus, IN. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Students Fund of Hope reported income of $128k and spending of $96k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $128k (+130%), an average of +130% a year. The sharpest change came in the year to December 2023, when income rose by 130%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Students Fund of Hope sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within IN. Charities of a similar size with the same main cause include Lighthouse Christian Academy College and Seminary ($128k), Ohio Council of Teachers of Mathematics ($128k) and Delaware Mathematics Coalition Inc ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.