Hope Valley-Helping Others Through Personal Experiences

Analysis

Hope Valley-Helping Others Through Personal Experiences is a registered charity in United States, based in Newark, OH. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover mental health and crisis intervention, 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 Valley-Helping Others Through Personal Experiences reported income of $144k and spending of $448k, spending 312% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $2.5m to $144k (-94%), an average of -76% a year. The sharpest change came in the year to December 2023, when income dropped by 77%. Over the whole period it spent 34% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope Valley-Helping Others Through Personal Experiences sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within OH. Charities of a similar size with the same main cause include Central Park Medical Unit Inc ($144k), Contact Altoona ($144k) and Kindness to Prevent Blindness ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $147k (33% of expenses). Other salaries and wages came to $37k. At year end it held assets of $2.2m against liabilities of $1,281, net assets of $2.2m. It reported 3 employees.