Real Hope Inc

Analysis

Real Hope Inc is a registered charity in United States, based in Prescott Vly, AZ. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Real Hope Inc reported income of $7.1m and spending of $7.0m, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $3.0m to $7.1m (+134%), an average of +134% a year. The sharpest change came in the year to December 2023, when income rose by 134%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Real Hope Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within AZ. Charities of a similar size with the same main cause include Plumas Rural Services Inc ($7.0m), Ladies Relief Society of Denver ($7.1m) and Developmental Center of the Ozarks ($7.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.