Hope Alive Inc

Analysis

Hope Alive Inc is a registered charity in United States, based in Pembroke, NC. It received its IRS tax-exemption ruling in July 2022, 4 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 (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 Alive Inc reported income of $183k and spending of $912k, spending 499% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $9.0m to $183k (-98%), an average of -98% a year. The sharpest change came in the year to December 2023, when income dropped by 98%. Over the whole period it spent 16% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope Alive Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NC. Charities of a similar size with the same main cause include Cincinnati Concours D Elegance Foundation ($183k), Victory Community Health Center Inc ($183k) and Human Body Shop Inc ($183k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 9.4% of the total. Other salaries and wages came to $427k. At year end it held assets of $11.2m against liabilities of $886k, net assets of $10.3m. It reported 12 employees.