Igw Childrens Hope Foundation Inc

Analysis

Igw Childrens Hope Foundation Inc is a registered charity in United States, based in Farmington, NM. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Igw Childrens Hope Foundation Inc reported income of $391k and spending of $441k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $218k to $391k (+79%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 53%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Igw Childrens Hope Foundation Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within NM. Charities of a similar size with the same main cause include Haven Care Center Inc ($391k), Acadiana Medical Research Foundation Inc ($391k) and Will King Foundation Inc ($391k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% of the total. Compensation of current officers, directors and key employees was $46k (10% of expenses). Other salaries and wages came to $53k. At year end it held assets of $366k against liabilities of $208k, net assets of $158k. It reported 4 employees.