Hope Repair

Analysis

Hope Repair is a registered charity in United States, based in Moncks Corner, SC. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Hope Repair reported income of $140k and spending of $96k, leaving 32% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $156k to $140k (-10%), an average of -10% a year. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Repair sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 51st percentile within SC. Charities of a similar size with the same main cause include Gladwin Community Services Corporation ($140k), Bartko Foundation ($140k) and Botetourt Resource Center Inc ($140k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.