Hope680

Analysis

Hope680 is a registered charity in United States, based in Concord, CA. It received its IRS tax-exemption ruling in August 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 (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, Hope680 reported income of $103k and spending of $81k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $113k to $103k (-8.8%), an average of -8.8% a year. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope680 sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include River Jordan Inc ($103k), Pathways Pastoral Counseling ($103k) and Luke 3 11 Ministries ($103k).

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 $119k against liabilities of $2,604, net assets of $117k.