Hope Street Ministries Inc

Analysis

Hope Street Ministries Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Hope Street Ministries Inc reported income of $955k and spending of $1.2m, spending 123% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $542k to $955k (+76%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 80%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope Street Ministries Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within WI. Charities of a similar size with the same main cause include Ronald McDonald House Charities of Ne Kansas Inc ($955k), Laclede County Pregnancy Support Center ($956k) and Wayne Initiative for School Health Inc ($955k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 13% of the total. Other salaries and wages came to $321k. At year end it held assets of $4.8m against liabilities of $3.0m, net assets of $1.8m. It reported 12 employees.