Living Hope Ministries International Inc

Analysis

Living Hope Ministries International Inc is a registered charity in United States, based in Jasper, GA. It received its IRS tax-exemption ruling in October 2002, 24 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, Living Hope Ministries International Inc reported income of $106k and spending of $122k, spending 116% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $158k to $106k (-33%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 28%. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Living Hope Ministries International Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within GA. Charities of a similar size with the same main cause include Sisters of the Compassionate Heart of Christ ($106k), Society of St Vincent de Paul Light of Christ Conference ($106k) and Northern Berkshire Interfaith Action Initiative Inc ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.