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Expect Hope Inc

RegisteredEIN 83-2496713New York, NYReligion
Income$590k2023-09
Spending$544ksame year
Spent / received89%4-year average
Size in its cause86th pctReligion
Exempt since2019Publicly supported organisat
Employees8latest return

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

$0$148k$295k$443k$590k2020 Income: $489,1822020 Spending: $351,78520202021 Income: $536,8132021 Spending: $510,31720212021 Income: $536,8132021 Spending: $510,31720212023 Income: $590,0322023 Spending: $544,0312023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
Springs of Hope Christian Fellowship IncorporatedQuincy$590k
Insight in It Together FoundationChandler$590k
Mission Projects InternationalKirksville$590k
Heaven Sent Ministries IncorporatedPrinceton$591k