A Childs Hope Foundation

Analysis

A Childs Hope Foundation is a registered charity in United States, based in Orem, UT. It received its IRS tax-exemption ruling in November 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, A Childs Hope Foundation reported income of $2.1m and spending of $2.3m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.1m (+82%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Childs Hope Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within UT. Charities of a similar size with the same main cause include San Bernardino Community Service Center Inc ($2.1m), Linnea Residential Home Inc ($2.1m) and Office of Samoan Affairs of California Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $96k (4.3% of expenses). Other salaries and wages came to $582k. At year end it held assets of $1.0m against liabilities of $95k, net assets of $913k. It reported 33 employees.