Tulare County Hope for the Homeless Inc

Analysis

Tulare County Hope for the Homeless Inc is a registered charity in United States, based in Porterville, CA. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Tulare County Hope for the Homeless Inc reported income of $1.1m and spending of $716k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $83k to $1.1m (+1173%), an average of +1173% a year. The sharpest change came in the year to December 2023, when income rose by 1173%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tulare County Hope for the Homeless Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Partners in Prevention Education ($1.1m), Bartow Family Resources Inc ($1.1m) and Correctional Alternative Incorporated ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $460k against liabilities of $0, net assets of $460k.