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Voices of Hope

RegisteredEIN 06-1732225Great Falls, MTPoverty relief
Income$639k2023-06
Spending$427ksame year
Spent / received82%4-year average
Size in its cause69th pctPoverty relief
Exempt since2006Publicly supported organisat
Employees12latest return

Analysis

Voices of Hope is a registered charity in United States, based in Great Falls, MT. It received its IRS tax-exemption ruling in November 2006, 20 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, Voices of Hope reported income of $639k and spending of $427k, leaving 33% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $306k to $639k (+108%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 67%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Voices of Hope sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within MT. Charities of a similar size with the same main cause include Mwana Villages US Inc ($639k), Carpenters Shop Center Inc ($639k) and Kansas Farm Management Association N C ($638k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $85k (20% of expenses). Other salaries and wages came to $191k. At year end it held assets of $302k against liabilities of $0, net assets of $302k. It reported 12 employees.

Income and spending

$0$160k$319k$479k$639k2020 Income: $306,4472020 Spending: $277,43620202021 Income: $370,9622021 Spending: $320,66620212022 Income: $383,1872022 Spending: $365,86620222023 Income: $638,5262023 Spending: $426,9542023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
Mwana Villages US IncMountain BRK$639k
Carpenters Shop Center IncJacksonville$639k
Kansas Farm Management Association N CAbilene$638k
Gateway Homeless Coalition IncMorehead$639k