Hope House of Sedona

Analysis

Hope House of Sedona is a registered charity in United States, based in Sedona, AZ. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hope House of Sedona reported income of $119k and spending of $92k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $380k to $119k (-69%), an average of -44% a year. The sharpest change came in the year to December 2022, when income dropped by 69%. Over the whole period it spent 25% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hope House of Sedona sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within AZ. Charities of a similar size with the same main cause include Glenpark Development Corp ($119k), Central Louisiana Independent Living Center ($119k) and Clyde Rooker Senior Village Inc ($119k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $42k. At year end it held assets of $834k against liabilities of $1,704, net assets of $832k. It reported 5 employees.