Home of Hope Inc

Analysis

Home of Hope Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in March 2000, 26 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, Home of Hope Inc reported income of $897k and spending of $607k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $766k to $897k (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Home of Hope Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Christians United Outreach Center of Lee County ($897k), Municipal Service Bureau Inc ($897k) and Shoes 4 the Shoeless Inc ($897k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.