Hypertherm Hope Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO PARTNER WITH NON-PROFIT ORGANIZATIONS AND ENGAGE IN ACTIVITIES THAT STRENGTHEN AND CREATE SUSTAINABLE, POSITIVE CHANGE IN THE COMMUNITY AND ENVIRONMENT.
- Income
- $974,836
- Spending
- $953,468
- Spent on programs
- 99%
- Reserves
- 4 months of spending
- Largest source of income
- donations and private grants, 99%
- Employees
- 0
- Volunteers
- 1,399
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100. Higher than 50% of charities in its peer group (philanthropy, $250k to $1m).
Reserves
20 of 35Spendable reserves would cover 4.0 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 2% of income.
Income trend
15 of 15Income rose 3% on the year before.
Spending floor
15 of 1599% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 83 out of 100. Higher than 63% of charities in its peer group (philanthropy, $250k to $1m).
Independent board
25 of 2510 of 10 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $948,218 spent. ENRICHING OUR ASSOCIATE OWNER COMMUNITIES AS A CATALYST FOR COLLABORATION AND COMPASSION, INSPIRING SOLUTIONS FOR SUSTAINABLE POSITIVE CHANGE. THIS YEAR, OUR HOPE TEAMS HAVE SUPPORTED MORE THAN 100 NONPROFIT ORGANIZATIONS WORKING TOWARDS OUR SHARED MISSION OF CREATING SUSTAINABLE, POSITIVE CHANGES IN THE COMMUNITY AND ENVIRONMENT. OUR GENERAL GIVING AREAS INCLUDE HEALTH AND WELLNESS, FOOD, HOUSING, OUTDOORS AND CLIMATE, AND EDUCATION. OUR STRATEGIC FOCUS AREA OF SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH (STEM) AIMS TO EXPOSE, EXCITE, AND ENGAGE YOUTH IN THESE FIELDS OF ACADEMIC STUDY AND PROFESSIONAL CAREER PATHS. WE HAVE FUNDED NUMEROUS ROBOTICS, DRONE, AND AVIATION TEAMS AND COMPETITIONS. OUR STRATEGIC FOCUS AREA OF SUBSTANCE USE DISORDER FOCUSES ON PREVENTION EDUCATION, INCREASING EMPATHY, AND REMOVING STIGMA. WE FUND PROGRAMS AIMED AT SUSTAINING AND SUPPORTING RECOVERY. OUR NEWEST STRATEGIC FOCUS AREA OF EARLY CHILDHOOD FOCUSES ON PREVENTING ADVERSE CHILDHOOD EXPERIENCES AND SUPPORTING HEALTHY OUTCOMES OF POSITIVE CHILDHOOD EXPERIENCES. WE SUPPORT PROGRAMS TO SUSTAIN CHILDCARE CENTER QUALITY AND ACCESS, PARENTAL CONFIDENCE, AND YOUTH RESILIENCE. TO GLOBALIZE OUR GIVING AND OUR DELEGATE PHILANTHROPY MODEL TO ALL REGIONS WHERE WE HAVE A PHYSICAL PRESENCE, WE FUNDED INTERNATIONAL GRANTS THROUGH THE HOPE FOUNDATION. DECISION-MAKING AT THE LOCAL LEVEL IN BRAZIL, EMEIA, ITALY, AND SINGAPORE HAS ENABLED ASSOCIATES IN THESE REGIONS TO CONTINUE MAKING CONNECTIONS WITH NONPROFITS FOR FUNDING AND VOLUNTEER OPPORTUNITIES.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 2009.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.