Marshall Hope Corporation

Analysis

Marshall Hope Corporation is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Marshall Hope Corporation reported income of $307k and spending of $220k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $280k to $307k (+9.6%), an average of +9.6% 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, Marshall Hope Corporation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MD. Charities of a similar size with the same main cause include Court Appointed Special Advocatesof Polk & Haralson ($307k), Counseling Institute of Texas ($307k) and Hannah House Ministries ($307k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $216k against liabilities of $26k, net assets of $190k.