Childrens Hope Alliance

Analysis

Childrens Hope Alliance is a registered charity in United States, based in Statesville, NC. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Childrens Hope Alliance reported income of $2.9m and spending of $6.9m, spending 240% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $4.2m to $2.9m (-31%), an average of -9.0% a year. The sharpest change came in the year to September 2022, when income rose by 402%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Hope Alliance sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NC. Charities of a similar size with the same main cause include Curing Kids Cancer Inc ($2.9m), Community House on Broadway ($2.9m) and North City Congress ($2.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.7% and program service revenue 82% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $13.9m against liabilities of $171k, net assets of $13.8m. It reported 10 employees.