Hope Matters Marriage Ministries
Analysis
Hope Matters Marriage Ministries is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in May 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 (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 Matters Marriage Ministries reported income of $264k and spending of $338k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $297k to $264k (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 107% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Matters Marriage Ministries sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Center for Positive Aging in Lower Merion ($264k), Beresford Child Care Inc ($264k) and The Polk County Mission Center ($264k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $246k (73% of expenses). At year end it held assets of $231k against liabilities of $0, net assets of $231k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 72%
- Program services 28%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Center for Positive Aging in Lower Merion | Ardmore | $264k |
| Beresford Child Care Inc | Beresford | $264k |
| The Polk County Mission Center | Livingston | $264k |
| Kearsarge Area Council on Aging Inc Treasurer | New London | $264k |