Hope Restored Human Services Inc

Analysis

Hope Restored Human Services Inc is a registered charity in United States, based in Milton, MA. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Hope Restored Human Services Inc reported income of $168k and spending of $160k, spending 95% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $126k to $168k (+34%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Restored Human Services Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within MA. Charities of a similar size with the same main cause include Heart of the Hills Food Harvest Inc ($168k), Monroe Senior and Community Center ($168k) and Project C a R Call-A-Ride ($168k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $25k (16% of expenses). Other salaries and wages came to $84k. At year end it held assets of $148k against liabilities of $148k, net assets of $220. It reported 2 employees.