Just Hope Inc

Analysis

Just Hope Inc is a registered charity in United States, based in Westlake Village, CA. It received its IRS tax-exemption ruling in November 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, Just Hope Inc reported income of $990k and spending of $1.0m, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $660k to $990k (+50%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 114%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Just Hope Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Benefits Law Center ($990k), Adams County Agricultural Society ($990k) and Earth Force Inc ($990k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Other salaries and wages came to $15k. At year end it held assets of $218k against liabilities of $38k, net assets of $180k.