Hope & Door

Analysis

Hope & Door is a registered charity in United States, based in Wayne, PA. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Hope & Door reported income of $592k and spending of $303k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $293k to $592k (+102%), an average of +102% a year. The sharpest change came in the year to December 2023, when income rose by 102%. Over the whole period it spent 54% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hope & Door sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within PA. Charities of a similar size with the same main cause include Casitas de Villa Corona Inc ($592k), Near North Development Corporation ($593k) and Rocky Mountain Manor Inc ($592k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 123% of the total. At year end it held assets of $552k against liabilities of $138k, net assets of $414k. It reported 2 employees.