Bringing Hope to the Family USA

Analysis

Bringing Hope to the Family USA is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Bringing Hope to the Family USA reported income of $517k and spending of $491k, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $276k to $517k (+87%), an average of +37% a year. The sharpest change came in the year to December 2022, when income rose by 120%. Over the whole period it spent 96% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Bringing Hope to the Family USA sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Aurora Police Association Charitable Foundation ($516k), North Bangor Fire Co ($517k) and Rostraver Township Fire Department ($516k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $6,661. At year end it held assets of $71k against liabilities of $0, net assets of $71k.