Hope Christian Center

Analysis

Hope Christian Center is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in March 1972, 54 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Hope Christian Center reported income of $80k and spending of $140k, spending 175% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $282k to $80k (-72%), an average of -27% a year. The sharpest change came in the year to June 2024, when income dropped by 49%. Over the whole period it spent 109% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope Christian Center sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include Oakes Community Hospital Foundation ($80k), Isthmus Foundation ($80k) and Kentuckiana Rheumatology Alliance ($80k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 54% of the total. Compensation of current officers, directors and key employees was $5,300 (3.8% of expenses). Other salaries and wages came to $61k. At year end it held assets of $546k against liabilities of $627, net assets of $545k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.