Hope in the One

Analysis

Hope in the One is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 in the One reported income of $102k and spending of $102k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $102k (+12%), an average of +12% a year. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope in the One sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include Sinai Mitzvah Foundation Inc ($102k), Institute for Personal Change ($102k) and Bellas Bumbas Ltd ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $6,552 against liabilities of $0, net assets of $6,552.