Brea H O P E Inc

Analysis

Brea H O P E Inc is a registered charity in United States, based in Brea, CA. It received its IRS tax-exemption ruling in September 1984, 42 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Brea H O P E Inc reported income of $2.1m and spending of $1.3m, leaving 37% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.4m to $2.1m (-11%), an average of -2.8% a year. The sharpest change came in the year to June 2020, when income rose by 857%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brea H O P E Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Kings Academy Christian School Inc ($2.1m), Telluride Association Inc ($2.1m) and Global Clinical Supplies Group Inc ($2.1m).

At year end it held assets of $20.8m against liabilities of $7.2m, net assets of $13.6m.