Hope Learning Center
Analysis
Hope Learning Center is a registered charity in United States, based in Battle Ground, WA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2024, Hope Learning Center reported income of $342k and spending of $259k, leaving 24% of income unspent that year. Across the 3 years on record, from July 2022 to July 2024, income grew from $198k to $342k (+73%), an average of +32% a year. The sharpest change came in the year to July 2024, when income rose by 33%. Over the whole period it spent 86% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Hope Learning Center sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within WA. Charities of a similar size with the same main cause include Pamlico Partnership for Children Inc ($342k), Brandon Rotary Club Charity Fund Inc ($342k) and The Correctional Education Association Inc ($342k).
On its Form 990 for the period ending July 2024, revenue came from contributions and grants 29% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $22k (8.7% of expenses). Other salaries and wages came to $29k. At year end it held assets of $133k against liabilities of $0, net assets of $133k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 29%
- Program services 68%
- Other 2.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Pamlico Partnership for Children Inc | Bayboro | $342k |
| Brandon Rotary Club Charity Fund Inc | Brandon | $342k |
| The Correctional Education Association Inc | Norfolk | $342k |
| Vermont Arts Exchange | N Bennington | $342k |