Tios for Hope

Analysis

Tios for Hope is a registered charity in United States, based in Alpharetta, GA. It received its IRS tax-exemption ruling in March 2020, 6 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, Tios for Hope reported income of $378k and spending of $334k, spending 88% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $348k to $378k (+8.7%), an average of +2.8% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tios for Hope sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within GA. Charities of a similar size with the same main cause include Northwest Dane Senior Services Inc ($378k), Infant Parent Center Inc ($378k) and Oregons Representative Payee Program ($378k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. At year end it held assets of $121k against liabilities of $0, net assets of $121k.