Hope Within Ministries Inc
Analysis
Hope Within Ministries Inc is a registered charity in United States, based in Elizabethtown, PA. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover health care, 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 December 2023, Hope Within Ministries Inc reported income of $585k and spending of $498k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $511k to $585k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 84% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope Within Ministries Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within PA. Charities of a similar size with the same main cause include Soft Bones Inc the US Hypophosphatasia Foundation ($585k), Horses with H E a R T Inc ($586k) and Ark LA Tex Crisis Pregnancy Center ($585k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $61k (12% of expenses). Other salaries and wages came to $154k. At year end it held assets of $1.0m against liabilities of $21k, net assets of $1.0m. It reported 14 employees.
Income and spending
Where the income comes from
- Contributions & grants 91%
- Program services 0.1%
- Other 9.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Soft Bones Inc the US Hypophosphatasia Foundation | Boonton | $585k |
| Horses with H E a R T Inc | Chino Valley | $586k |
| Ark LA Tex Crisis Pregnancy Center | Shreveport | $585k |
| Medical Financial Services Inc | Memphis | $586k |