Hope Is Rising Lake County Inc

Analysis

Hope Is Rising Lake County Inc is a registered charity in United States, based in Clearlake, CA. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Is Rising Lake County Inc reported income of $347k and spending of $570k, spending 165% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $894k to $347k (-61%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope Is Rising Lake County Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Revive Inc ($347k), Humboldt Volunteer Hospice ($347k) and FFMC Support Organization ($347k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $57k (10.0% of expenses). Other salaries and wages came to $143k. At year end it held assets of $187k against liabilities of $0, net assets of $187k. It reported 14 employees.