Pennsylvania · Nonprofit
Hope Afloat USA
Hope Afloat USA (Pennsylvania) receives grants from 2 organizations whose IRS filings report $2,373 to it, the largest being JPMORGAN CHASE FOUNDATION ($1,550). 2 of them have funded it in more than one year.
- Revenue FY2024
- $111k
- Funders on record
- 2
- Grants received
- $2k
- Net assets
- $127k
What Hope Afloat USA does
Mission
Hope Afloat USAs mission is to help breast cancer survivors make positive, emotional, spiritual, and physical changes in their lives through the ancient sport of dragon boat racing.
As stated on its FY2024 Form 990-EZ.
Programs
Chamber Poconos Festival in Hawley, PAHigh energy paddling competition on Lake Wallenpaupack
$1,350 spent28% of program spendingCooper River Regatta - Teams power long, ornate dragonboats in fast-paced heats, driven by ryhthm , teamwork, and the beat of a drum.
$1,825 spent37% of program spendingGildas Club South Festival - Mays Landing, NJThis event brings people together all in the spirit ofGilda Radners legacy of laughter and resilence
$1,700 spent35% of program spendingGym - 6000.00 For Health and Fitness for cancer survivors who are member of Hope AfloatHartford, CT - 980.00Great White North, Lake Mercer, Princeton, NJ
The 4 programs described on its FY2025 Form 990-EZ. Program spending in total: $4,875.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $85k to $132k (+55%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
95% of Hope Afloat USA’s revenue is contributions — more reliant on donations than three-quarters of its peers (18% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.
Who funds it, year by year
2020 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $228 → $418.
1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 35% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of Hope Afloat USA’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Hope Afloat USA leans on a few funders — its largest provides 65% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
35% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Hope Afloat USA.
Largest funder’s share by year: 2020 100% · 2021 50% · 2022 100% · 2023 72% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
Hope Afloat USA draws 100% of its grant income from funders outside Pennsylvania, across 1 state in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $823 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Hope Afloat USA runs a healthier operating margin than three-quarters of the 15,520 recreation & sports nonprofits its size.
this organization peer median middle 50% of peers· 15,520 recreation & sports nonprofits $100k–$1M, FY2024
Organizations like Hope Afloat USA
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Pennsylvania
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
85%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for Hope Afloat USA: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Hope Afloat USA?
- Hope Afloat USA (Pennsylvania) receives grants from 2 organizations whose IRS filings report $2,373 to it, the largest being JPMORGAN CHASE FOUNDATION ($1,550). 2 of them have funded it in more than one year.
- How many funders does Hope Afloat USA have?
- IRS filings report 2 organizations giving $2,373 in grants to Hope Afloat USA, 2 of which have funded it in more than one year.
- Who is the largest funder of Hope Afloat USA?
- JPMORGAN CHASE FOUNDATION is the largest funder on record, with $1,550 in grants. The full list of funders is on this page.
- How can an organization like Hope Afloat USA find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Pennsylvania. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Hope Afloat USA →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing