Put on the Cape a Foundation for Hope

Analysis

Put on the Cape a Foundation for Hope is a registered charity in United States, based in Glendale, AZ. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Put on the Cape a Foundation for Hope reported income of $94k and spending of $89k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $83k to $94k (+13%), an average of +6.3% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Put on the Cape a Foundation for Hope sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within AZ. Charities of a similar size with the same main cause include LHCLB ($94k), Guitars Not Guns ($94k) and Morlon Greenwood Foundation Inc ($94k).

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 $47k against liabilities of $0, net assets of $47k.