We Have This Hope Christian Radio Inc

Analysis

We Have This Hope Christian Radio Inc is a registered charity in United States, based in Park Rapids, MN. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, We Have This Hope Christian Radio Inc reported income of $153k and spending of $194k, spending 127% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $258k to $153k (-41%), an average of -41% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, We Have This Hope Christian Radio 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 48th percentile, and in the 45th percentile within MN. Charities of a similar size with the same main cause include Iglesia Cristiana El Remanente Fiel ($153k), Thistlebend Ministries ($153k) and Abundant Faith Baptist Church ($153k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $256k against liabilities of $0, net assets of $256k.