Hope and Vine
Analysis
Hope and Vine is a registered charity in United States, based in Wake Forest, NC. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Hope and Vine reported income of $166k and spending of $194k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $133k to $166k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 104% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hope and Vine sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within NC. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($166k), Technology Student Association ($166k) and Brian Piccolo Cancer Research Fund Inc ($166k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 33% of the total. At year end it held assets of $43k against liabilities of $33k, net assets of $10k.
Income and spending
Where the income comes from
- Contributions & grants 69%
- Program services 31%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Habitat for Humanity International Inc | Mitchell | $166k |
| Technology Student Association | Stillwater | $166k |
| Brian Piccolo Cancer Research Fund Inc | Chicago | $166k |
| Little League Baseball Inc | Corona | $166k |