Road to Hope - Shelby Inc

Analysis

Road to Hope - Shelby Inc is a registered charity in United States, based in Shelby, NC. It received its IRS tax-exemption ruling in September 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 (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, Road to Hope - Shelby Inc reported income of $69k and spending of $49k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $73k to $69k (-4.4%), an average of -4.4% a year. Over the whole period it spent 57% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Road to Hope - Shelby Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within NC. Charities of a similar size with the same main cause include Clatsop Emergency Food Bank Inc ($69k), Project Christmas ($69k) and Wildcat Ultimate Frisbee ($69k).

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