Hope- Esperanza

Analysis

Hope- Esperanza is a registered charity in United States, based in North Platte, NE. It received its IRS tax-exemption ruling in July 2022, 4 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 2024, Hope- Esperanza reported income of $197k and spending of $194k, spending 99% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $79k to $197k (+150%), an average of +150% a year. The sharpest change came in the year to June 2024, when income rose by 150%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope- Esperanza sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within NE. Charities of a similar size with the same main cause include Ohio Branch of the International Order of the Kings Daughters & Son ($197k), Joshua P Williams Golf Tournament ($197k) and River Refuge International Inc ($197k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 2.0% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.