Expect Hope Inc
Analysis
Expect Hope Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 September 2023, Expect Hope Inc reported income of $590k and spending of $544k, spending 92% of its income. Across the 4 years on record, from December 2020 to September 2023, income grew from $489k to $590k (+21%), an average of +6.4% a year. Over the whole period it spent 89% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Expect Hope Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Springs of Hope Christian Fellowship Incorporated ($590k), Insight in It Together Foundation ($590k) and Mission Projects International ($590k).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $346k (64% of expenses). At year end it held assets of $431k against liabilities of $1, net assets of $431k. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Springs of Hope Christian Fellowship Incorporated | Quincy | $590k |
| Insight in It Together Foundation | Chandler | $590k |
| Mission Projects International | Kirksville | $590k |
| Heaven Sent Ministries Incorporated | Princeton | $591k |