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Hope House Ministries

RegisteredEIN 20-0971635San Antonio, TXPoverty relief
Income$95k2023-12
Spending$129ksame year
Spent / received70%3-year average
Size in its cause31st pctPoverty relief
Exempt since2004Publicly supported organisat
Employees–latest return

Analysis

Hope House Ministries is a registered charity in United States, based in San Antonio, TX. 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 (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 House Ministries reported income of $95k and spending of $129k, spending 136% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $200k to $95k (-52%), an average of -31% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope House Ministries sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within TX. Charities of a similar size with the same main cause include Walk on Therapeutic Riding Program Inc ($95k), Abundance of Hope Center ($95k) and Daystar Hope Center of Pasco County ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.4% of the total. At year end it held assets of $415k against liabilities of $693, net assets of $414k.

Income and spending

$0$51k$102k$152k$203k2020 Income: $200,1222020 Spending: $84,16320202022 Income: $203,0392022 Spending: $133,76320222023 Income: $95,4022023 Spending: $129,4012023
IncomeSpending

Where the income comes from

  • Contributions & grants 99%
  • Program services 1.4%

Similar-sized charities, same cause

CharityLocationIncome
Walk on Therapeutic Riding Program IncRiver Falls$95k
Abundance of Hope CenterRenton$95k
Daystar Hope Center of Pasco CountyDade City$95k
Hands of HopePortland$95k