Constructing Hope Pre- Apprenticeship Program

Analysis

Constructing Hope Pre- Apprenticeship Program is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Constructing Hope Pre- Apprenticeship Program reported income of $3.1m and spending of $2.9m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $591k to $3.1m (+417%), an average of +51% a year. The sharpest change came in the year to December 2020, when income rose by 89%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Constructing Hope Pre- Apprenticeship Program sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within OR. Charities of a similar size with the same main cause include Prefund ($3.1m), Childrens Reading Center Inc ($3.1m) and Dwayne Peaslee Technical Training Center Inc ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $144k (5.1% of expenses). Other salaries and wages came to $797k. At year end it held assets of $2.5m against liabilities of $1.1m, net assets of $1.4m. It reported 18 employees.