Hope Forward Foundation Inc

Analysis

Hope Forward Foundation Inc is a registered charity in United States, based in Melbourne, FL. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2022, Hope Forward Foundation Inc reported income of $344k and spending of $269k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $46k to $344k (+643%), an average of +643% a year. The sharpest change came in the year to December 2022, when income rose by 643%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope Forward Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Shared Christian Ministries ($344k), Child Builders ($344k) and Augusta Volunteer Rescue Squad Inc ($344k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $24k. At year end it held assets of $146k against liabilities of $43k, net assets of $103k. It reported 1 employees.