Hope Is on the Rise

Analysis

Hope Is on the Rise is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Hope Is on the Rise reported income of $142k and spending of $141k, spending 99% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $215k to $142k (-34%), an average of -34% a year. The sharpest change came in the year to December 2022, when income dropped by 34%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hope Is on the Rise sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Wesley Paul International Ministries Inc ($142k), Christian Weekly ($142k) and I-55 Partnership ($142k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.