Hope in Pain Inc

Analysis

Hope in Pain Inc is a registered charity in United States, based in Newport Beach, CA. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 2023, Hope in Pain Inc reported income of $175k and spending of $127k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $184k to $175k (-4.5%), an average of -4.5% a year. Over the whole period it spent 64% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope in Pain Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Camp Care Inc ($175k), Punching Out Parkinsons Santa Fe ($175k) and Donna M Saunders Foundation Inc ($175k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $31k (24% of expenses). At year end it held assets of $165k against liabilities of $1,660, net assets of $163k.