Think Hope

Analysis

Think Hope is a registered charity in United States, based in Perkasie, PA. 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, Think Hope reported income of $148k and spending of $113k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $199k to $148k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Think Hope sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within PA. Charities of a similar size with the same main cause include Richmond Food Shelf and Thrift Store ($148k), Hope Sight Mission Association ($148k) and Stark County Community Unit School District 100 Foundation ($148k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $180k against liabilities of $0, net assets of $180k.