Burning Hope Ministries

Analysis

Burning Hope Ministries is a registered charity in United States, based in Conroe, TX. It received its IRS tax-exemption ruling in July 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, Burning Hope Ministries reported income of $177k and spending of $159k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $160k to $177k (+11%), an average of +11% a year. Over the whole period it spent 80% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Burning Hope Ministries sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Praying Effectively for the Lost Ministries Inc ($177k), Hope 2 Africa Inc ($177k) and 99 Plus 1 ($177k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $171k against liabilities of $9,333, net assets of $161k.