Road to Hope

Analysis

Road to Hope is a registered charity in United States, based in Beaverton, OR. It received its IRS tax-exemption ruling in January 1997, 29 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, Road to Hope reported income of $476k and spending of $531k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $282k to $476k (+69%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 34%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Road to Hope sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within OR. Charities of a similar size with the same main cause include Learning Tree Inc ($476k), Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated ($476k) and Inspire Together ($476k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $80k (15% of expenses). Other salaries and wages came to $172k. At year end it held assets of $378k against liabilities of $0, net assets of $378k. It reported 8 employees.