Hope for the Children Inc

Analysis

Hope for the Children Inc is a registered charity in United States, based in Myerstown, PA. It received its IRS tax-exemption ruling in July 2003, 23 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 for the Children Inc reported income of $106k and spending of $118k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $95k to $106k (+11%), an average of +11% a year. Over the whole period it spent 108% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hope for the Children Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within PA. Charities of a similar size with the same main cause include St Jeanne Jugan St Vincent de Paul HF Inc ($106k), Glenview Education Foundation ($106k) and LDN Global ($106k).

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 $1 against liabilities of $0, net assets of $1.