High Hopes Housing Inc

Analysis

High Hopes Housing Inc is a registered charity in United States, based in New Smyrna, FL. It received its IRS tax-exemption ruling in April 2021, 5 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, High Hopes Housing Inc reported income of $112k and spending of $108k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $112k (+14%), an average of +14% a year. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, High Hopes Housing Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 44th percentile within FL. Charities of a similar size with the same main cause include Jefferson County Christmas Neighbors Inc ($112k), Start Helping Impacted Neighborhoods Everywhere Foundatio ($112k) and Oasis of Hope Foundation ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.