Bring Hope

Analysis

Bring Hope is a registered charity in United States, based in Wanaque, NJ. It received its IRS tax-exemption ruling in August 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 December 2023, Bring Hope reported income of $88k and spending of $42k, leaving 52% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $3,000 to $88k (+2846%), an average of +443% a year. The sharpest change came in the year to December 2022, when income rose by 2755%. Over the whole period it spent 40% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bring Hope sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 41st percentile within NJ. Charities of a similar size with the same main cause include Beraca Foundation ($88k), Rising Village Foundation ($88k) and Newhall Fields Community Farm Inc ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $111k against liabilities of $0, net assets of $111k.