Uc Hope

Analysis

Uc Hope is a registered charity in United States, based in Glyndon, MN. It received its IRS tax-exemption ruling in February 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Uc Hope reported income of $167k and spending of $127k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $142k to $167k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Uc Hope sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within MN. Charities of a similar size with the same main cause include Rebeccas Homestead Incorporated ($166k), Friendship Table ($167k) and Bowed Hearts Inc ($166k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 66% of the total. At year end it held assets of $251k against liabilities of $433, net assets of $250k.