Hope Town Inc

Analysis

Hope Town Inc is a registered charity in United States, based in Windham, OH. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover mental health and crisis intervention, 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 Town Inc reported income of $866k and spending of $779k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $296k to $866k (+192%), an average of +192% a year. The sharpest change came in the year to December 2023, when income rose by 192%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope Town Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within OH. Charities of a similar size with the same main cause include Southeast Arizona Area Health Education Center Inc ($866k), Reedsburg Area Medical Center Foundation Ltd ($866k) and Columbus Children Foundation ($866k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $66k (8.5% of expenses). Other salaries and wages came to $388k. At year end it held assets of $164k against liabilities of $0, net assets of $164k. It reported 33 employees.