Hope Dealer Community Inc

Analysis

Hope Dealer Community Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Dealer Community Inc reported income of $198k and spending of $193k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $11k to $198k (+1774%), an average of +1774% a year. The sharpest change came in the year to December 2023, when income rose by 1774%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Dealer Community Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within OH. Charities of a similar size with the same main cause include Focusing Initiatives International Inc ($198k), Little Sheperd Foundation ($198k) and St Vincent de Paul Society of the Dalles ($198k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.