Hope Medical Outreach Coalition

Analysis

Hope Medical Outreach Coalition is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hope Medical Outreach Coalition reported income of $317k and spending of $321k, spending 101% of its income. Across the 6 years on record, from December 2017 to December 2023, income fell from $378k to $317k (-16%), an average of -3.5% a year. The sharpest change came in the year to December 2020, when income dropped by 17%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Medical Outreach Coalition sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within NE. Charities of a similar size with the same main cause include Minidoka County Senior Center Inc ($317k), Buddy Fund ($317k) and Massachusetts Coalition to Prevent Gun Violence Inc ($317k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. At year end it held assets of $326k against liabilities of $52k, net assets of $274k.