Now Hope

Analysis

Now Hope is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in October 2004, 22 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, Now Hope reported income of $84k and spending of $101k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $124k to $84k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 111% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Now Hope sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 28th percentile within CO. Charities of a similar size with the same main cause include Ebc Pawlpi Ga Inc ($84k), Hands for the Littles in USA ($84k) and Templo de Alabanza ($84k).

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 $15k against liabilities of $0, net assets of $15k.