City Hope Foundation

Analysis

City Hope Foundation is a registered charity in United States, based in Danville, IA. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, City Hope Foundation reported income of $314k and spending of $207k, leaving 34% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $318k to $314k (-1.1%), an average of -0.6% a year. The sharpest change came in the year to December 2022, when income rose by 78%. Over the whole period it spent 36% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, City Hope Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within IA. Charities of a similar size with the same main cause include St Ambrose Endowment Foundation ($314k), Cleveland Kashrus Organization Inc ($314k) and Friend of God ($314k).

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 $24k. At year end it held assets of $1.0m against liabilities of $141k, net assets of $888k. It reported 1 employees.