Hope Rescue

Analysis

Hope Rescue is a registered charity in United States, based in Chula Vista, CA. It received its IRS tax-exemption ruling in June 1970, 56 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hope Rescue reported income of $55k and spending of $70k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $652k to $55k (-92%), an average of -46% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hope Rescue sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include CLS Foundation Inc ($55k), PTA Colorado Congress ($55k) and Points Ne Historical Society ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% of the total. Other salaries and wages came to $41k. At year end it held assets of $21k against liabilities of $0, net assets of $21k. It reported 2 employees.