Hope Springs Eternal Second Chance Boutique Corp

Analysis

Hope Springs Eternal Second Chance Boutique Corp is a registered charity in United States, based in Port Jeff Sta, NY. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hope Springs Eternal Second Chance Boutique Corp reported income of $206k and spending of $205k, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $183k to $206k (+12%), an average of +3.9% a year. 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, Hope Springs Eternal Second Chance Boutique Corp sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Kings Mountain Ministerial Assoc Helping Hand Fund ($205k), Friends & Neighbors Community Fund ($206k) and McLindon Family Foundation ($205k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.