Christopher Waldens Foundation of Hope

Analysis

Christopher Waldens Foundation of Hope is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in May 2020, 6 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 (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, Christopher Waldens Foundation of Hope reported income of $279k and spending of $11k, leaving 96% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $208k to $279k (+34%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 142%. Over the whole period it spent 7.6% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Christopher Waldens Foundation of Hope sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 55th percentile within AK. Charities of a similar size with the same main cause include The Anthony J Rinaldi Jr Foundation for Children with Cancer ($279k), Lotus Network Fka Intl ($279k) and Lakeshore Charities Inc ($279k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.