Furnish Hope

Analysis

Furnish Hope is a registered charity in United States, based in Bend, OR. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover human services, 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, Furnish Hope reported income of $1.8m and spending of $1.4m, leaving 24% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $738k to $1.8m (+147%), an average of +35% a year. The sharpest change came in the year to December 2022, when income rose by 67%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Furnish Hope sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within OR. Charities of a similar size with the same main cause include Philadelphia Little Flyers ($1.8m), Graceway Ministries ($1.8m) and Diversified Opportunities Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 13% of the total. Other salaries and wages came to $321k. At year end it held assets of $739k against liabilities of $14k, net assets of $725k. It reported 9 employees.