United Hope Builders Inc

Analysis

United Hope Builders Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in April 2021, 5 years ago. 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, United Hope Builders Inc reported income of $541k and spending of $341k, leaving 37% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $809k to $541k (-33%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 195%. Over the whole period it spent 27% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Hope Builders Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include St Vincent Depaul Diocesan Council ($541k), Seattle Public Theater ($541k) and Rescue Extrication & Delivery Specialists Inc ($541k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. Compensation of current officers, directors and key employees was $60k (18% of expenses). Other salaries and wages came to $75k. At year end it held assets of $5.4m against liabilities of $1.1m, net assets of $4.3m. It reported 5 employees.