Little Hopes Inc

Analysis

Little Hopes Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in December 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Little Hopes Inc reported income of $52k and spending of $49k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $57k to $52k (-9.0%), an average of -9.0% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Little Hopes Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 16th percentile within MN. Charities of a similar size with the same main cause include Lighted Way Foundation ($52k), HHC Qalicb Inc ($52k) and Valhalla Sailing Project Ltd ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $4,312 against liabilities of $0, net assets of $4,312.