Hope for the People

Analysis

Hope for the People is a registered charity in United States, based in Cheney, WA. It received its IRS tax-exemption ruling in January 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 for the People reported income of $296k and spending of $291k, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $235k to $296k (+26%), an average of +7.9% a year. The sharpest change came in the year to December 2021, when income rose by 105%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hope for the People sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within WA. Charities of a similar size with the same main cause include Channing-Murray Foundation ($296k), Las Vegas Jewish Experience ($296k) and Triumphant Ministries International Inc ($295k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $16k. At year end it held assets of $406k against liabilities of $0, net assets of $406k. It reported 2 employees.