Hope Sight Mission Association

Analysis

Hope Sight Mission Association is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 2003, 23 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, Hope Sight Mission Association reported income of $148k and spending of $150k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $129k to $148k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Sight Mission Association sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Think Hope ($148k), Phi Gamma Chapter of Omega Nu Sorority ($148k) and Richmond Food Shelf and Thrift Store ($148k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $36k (24% of expenses). Other salaries and wages came to $3,000. At year end it held assets of $1.1m against liabilities of $364k, net assets of $727k. It reported 2 employees.