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Bighope

RegisteredEIN 84-3007150Frisco, TXChildren and youth development
Income$93k2023-12
Spending$105ksame year
Spent / received137%2-year average
Size in its cause40th pctChildren and youth development
Exempt since2019Publicly supported organisat
Employees–latest return

Analysis

Bighope is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in September 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, Bighope reported income of $93k and spending of $105k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $39k to $93k (+139%), an average of +139% a year. The sharpest change came in the year to December 2023, when income rose by 139%. Over the whole period it spent 137% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Bighope 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 37th percentile within TX. Charities of a similar size with the same main cause include Giving Keys of Hope ($93k), Bless the Children Homeincorporated ($93k) and Bell County Cattle Crew ($93k).

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 $31k against liabilities of $18k, net assets of $13k.

Income and spending

$0$26k$53k$79k$105k2022 Income: $38,9862022 Spending: $75,58320222023 Income: $93,3352023 Spending: $105,1372023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Giving Keys of HopeDallas$93k
Bless the Children HomeincorporatedHummelstown$93k
Bell County Cattle CrewRogers$93k
Community Works Youth DevelopmentLos Angeles$93k