Hope Ministries-St Charles County Inc

Analysis

Hope Ministries-St Charles County Inc is a registered charity in United States, based in O Fallon, MO. It received its IRS tax-exemption ruling in December 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, Hope Ministries-St Charles County Inc reported income of $142k and spending of $82k, leaving 42% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $123k to $142k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hope Ministries-St Charles County Inc 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 43rd percentile within MO. Charities of a similar size with the same main cause include An Lac Hanh Temple Inc ($142k), Muslim Community Support Services Inc ($142k) and Living Faith Ministries International ($142k).

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 $428k against liabilities of $0, net assets of $428k.