Celebrate Hope Inc

Analysis

Celebrate Hope Inc is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in February 2021, 5 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Celebrate Hope Inc reported income of $70k and spending of $69k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $70k (+3.5%), an average of +3.5% a year. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Celebrate Hope Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Association for the Advancement of Psychoanalysis Inc ($70k), Dallas Al-Anon Information Service ($70k) and Insuring Georgia ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.