Hope Reins Healing Inc

Analysis

Hope Reins Healing Inc is a registered charity in United States, based in Leeds, UT. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover health care, 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 Reins Healing Inc reported income of $110k and spending of $119k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $144k to $110k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope Reins Healing Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within UT. Charities of a similar size with the same main cause include Healthcare Sharing Standards Board Inc ($110k), Scleral Lens Education Society ($110k) and Camer Rand Fund Inc ($110k).

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 $2,563 against liabilities of $0, net assets of $2,563.