Return to Hope Inc

Analysis

Return to Hope Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in February 2022, 4 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, Return to Hope Inc reported income of $484k and spending of $482k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $177k to $484k (+174%), an average of +174% a year. The sharpest change came in the year to December 2023, when income rose by 174%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Return to Hope Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within OK. Charities of a similar size with the same main cause include Unlocking Futures Inc ($484k), Seton Harvest Inc ($484k) and Lollipop Theater Network Inc ($484k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 4.0% of the total. Other salaries and wages came to $171k. At year end it held assets of $44k against liabilities of $0, net assets of $44k. It reported 1 employees.