Hope Community Resources Inc

Analysis

Hope Community Resources Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in January 1970, 56 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 June 2023, Hope Community Resources Inc reported income of $40.7m and spending of $41.2m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $48.0m to $40.7m (-15%), an average of -4.1% a year. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope Community Resources Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within AK. Charities of a similar size with the same main cause include Su Clinica Familiar ($40.7m), Centerville Clinics Inc ($40.7m) and Davis Behavioral Health Inc ($40.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.1% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $601k (1.5% of expenses). Other salaries and wages came to $24.1m. At year end it held assets of $37.5m against liabilities of $16.7m, net assets of $20.9m. It reported 675 employees.