Living Hope Ministries of Utica Inc

Analysis

Living Hope Ministries of Utica Inc is a registered charity in United States, based in Utica, NY. It received its IRS tax-exemption ruling in December 1984, 42 years ago. 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, Living Hope Ministries of Utica Inc reported income of $67k and spending of $63k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $69k to $67k (-1.8%), an average of -1.8% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Living Hope Ministries of Utica Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Edgar P Kable Foundation Fund ($67k), Little League Baseball Inc ($67k) and PTA Pennsylvania Congress ($67k).

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 $7,120 against liabilities of $0, net assets of $7,120.