Simply Hope Family Outreach Inc

Analysis

Simply Hope Family Outreach Inc is a registered charity in United States, based in Burley, ID. It received its IRS tax-exemption ruling in December 2021, 5 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, Simply Hope Family Outreach Inc reported income of $1.0m and spending of $756k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $371k to $1.0m (+178%), an average of +178% a year. The sharpest change came in the year to December 2023, when income rose by 178%. Over the whole period it spent 73% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Simply Hope Family Outreach Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within ID. Charities of a similar size with the same main cause include Ronald McDonald House Charities of Amarillo Inc ($1.0m), Ignite Collective Inc ($1.0m) and Shangri LA Therapeutic Academy of Riding Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $443k. At year end it held assets of $510k against liabilities of $22k, net assets of $488k. It reported 19 employees.