Transition 2 Hope Inc

Analysis

Transition 2 Hope Inc is a registered charity in United States, based in Du Quoin, IL. It received its IRS tax-exemption ruling in July 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 June 2024, Transition 2 Hope Inc reported income of $76k and spending of $34k, leaving 54% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $41k to $76k (+85%), an average of +85% a year. The sharpest change came in the year to June 2024, when income rose by 85%. Over the whole period it spent 47% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Transition 2 Hope Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within IL. Charities of a similar size with the same main cause include Taylor County Fair Association Inc ($76k), Be the Good Project ($76k) and Tri Valley Charities ($76k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 85% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.