Hope Unlimited

Analysis

Hope Unlimited is a registered charity in United States, based in Stanwood, WA. It received its IRS tax-exemption ruling in March 2009, 17 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 Unlimited reported income of $187k and spending of $316k, spending 169% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $216k to $187k (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2021, when income rose by 120%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hope Unlimited sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within WA. Charities of a similar size with the same main cause include Amistad McAllen ($187k), Central Iowa Bible Camp ($187k) and Emmanuel Baptist Mission of Los Angeles ($187k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 45% of the total. Other salaries and wages came to $137k. At year end it held assets of $111k against liabilities of $48, net assets of $111k. It reported 4 employees.