Soroptimist House of Hope Inc

Analysis

Soroptimist House of Hope Inc is a registered charity in United States, based in DSRT Hot SPGS, CA. It received its IRS tax-exemption ruling in October 1985, 41 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2024, Soroptimist House of Hope Inc reported income of $811k and spending of $772k, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $596k to $811k (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2023, when income rose by 78%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Soroptimist House of Hope Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Gnome Inc ($811k), Center for Community Recovery Innovations Inc ($811k) and Network for Hope Memorial Fund ($811k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $35k (4.5% of expenses). Other salaries and wages came to $412k. It paid $9,320 in professional fundraising fees. At year end it held assets of $691k against liabilities of $32k, net assets of $659k. It reported 14 employees.