Urban Missionaries of Our Lady of Hope Inc

Analysis

Urban Missionaries of Our Lady of Hope Inc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in August 1995, 31 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 June 2023, Urban Missionaries of Our Lady of Hope Inc reported income of $931k and spending of $576k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to June 2023, income grew from $253k to $931k (+267%), an average of +38% a year. The sharpest change came in the year to June 2023, when income rose by 386%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Urban Missionaries of Our Lady of Hope Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Marion-Crawford Prevention Programs ($930k), Pastoral Counseling and Consultation Centers of Tennessee ($931k) and Angel Group Agency ($930k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $276k. At year end it held assets of $734k against liabilities of $14k, net assets of $720k. It reported 20 employees.