Safari of Hope Inc

Analysis

Safari of Hope Inc is a registered charity in United States, based in Lake Kiowa, TX. It received its IRS tax-exemption ruling in July 2021, 5 years ago. 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, Safari of Hope Inc reported income of $51k and spending of $70k, spending 136% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $70k to $51k (-27%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Safari of Hope Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within TX. Charities of a similar size with the same main cause include W E Grace Foundation ($51k), Servant Leader Ministries ($51k) and PTA California Congress of Parents Teachers & Students Inc ($51k).

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 $22k against liabilities of $18k, net assets of $4,202.