Hope Through Health Foundation

Analysis

Hope Through Health Foundation is a registered charity in United States, based in Holly Springs, NC. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Hope Through Health Foundation reported income of $1.1m and spending of $73k, leaving 94% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $324k to $1.1m (+250%), an average of +87% a year. The sharpest change came in the year to December 2023, when income rose by 351%. Over the whole period it spent 8.0% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hope Through Health Foundation 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 81st percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include National School Climate Center ($1.1m), Thomas Jefferson Community Education Foundation Inc ($1.1m) and Psychotherapy & Spirituality Institute Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m.