Hollys House of Hope Incorporated

Analysis

Hollys House of Hope Incorporated is a registered charity in United States, based in Highland, IL. It received its IRS tax-exemption ruling in October 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 (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 2024, Hollys House of Hope Incorporated reported income of $106k and spending of $105k, spending 99% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $94k to $106k (+12%), an average of +12% a year. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hollys House of Hope Incorporated sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within IL. Charities of a similar size with the same main cause include Community Family Resource Centers Inc ($106k), Food for Days ($106k) and SW Community Care Project Inc ($106k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 77% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.