Hope Village Inc

Analysis

Hope Village Inc is a registered charity in United States, based in Canby, OR. It received its IRS tax-exemption ruling in December 1984, 42 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 September 2023, Hope Village Inc reported income of $4.0m and spending of $3.4m, spending 86% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.9m to $4.0m (+38%), an average of +8.3% a year. The sharpest change came in the year to September 2020, when income rose by 19%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Village Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within OR. Charities of a similar size with the same main cause include Mountainstar Family Relief Nursery ($4.0m), Sunflower Child Care Center Inc ($4.0m) and Martin County Residential Services Inc ($4.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.0% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $163k (4.7% of expenses). Other salaries and wages came to $549k. At year end it held assets of $46.8m against liabilities of $39.6m, net assets of $7.2m. It reported 18 employees.