Hope Ministry Project Inc

Analysis

Hope Ministry Project Inc is a registered charity in United States, based in North Miami, FL. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Ministry Project Inc reported income of $56k and spending of $52k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $56k (+7.3%), an average of +7.3% a year. Over the whole period it spent 111% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hope Ministry Project Inc sits at the 12th percentile: it is larger than about 12% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 25th percentile within FL. Charities of a similar size with the same main cause include Teresa Gardens Inc ($56k), Group Home One Housing Corporation ($56k) and The Playground Affordable Housing Corporation ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. At year end it held assets of $179k against liabilities of $2,300, net assets of $177k.