Hope Restored Recovery Home Inc

Analysis

Hope Restored Recovery Home Inc is a registered charity in United States, based in North Judson, IN. It received its IRS tax-exemption ruling in October 2021, 5 years ago. 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 Restored Recovery Home Inc reported income of $88k and spending of $80k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $88k (+44%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hope Restored Recovery Home Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within IN. Charities of a similar size with the same main cause include Boosters of Old Town San Diego State Historic Park ($88k), Strasburg Community Library Inc ($88k) and American College of Physicians ($88k).

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 $198k against liabilities of $0, net assets of $198k.