Sisters Hope Foundation for Hereditary Diffuse Leukoencephalop

Analysis

Sisters Hope Foundation for Hereditary Diffuse Leukoencephalop is a registered charity in United States, based in Melbourne, FL. It received its IRS tax-exemption ruling in April 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 (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, Sisters Hope Foundation for Hereditary Diffuse Leukoencephalop reported income of $200k and spending of $200k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $152k to $200k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sisters Hope Foundation for Hereditary Diffuse Leukoencephalop sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Hispanic-Latino Minority Health Coalition of Greater Indianapolis ($200k), Lopa Foundation ($200k) and International Mission Opportunities Inc ($200k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $86k (43% of expenses). Other salaries and wages came to $9,033. At year end it held assets of $40k against liabilities of $0, net assets of $40k. It reported 1 employees.