Hope of Persia Evangelistic Ministries

Analysis

Hope of Persia Evangelistic Ministries is a registered charity in United States, based in Katy, TX. It received its IRS tax-exemption ruling in August 2011, 15 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 of Persia Evangelistic Ministries reported income of $116k and spending of $105k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $159k to $116k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 76% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hope of Persia Evangelistic Ministries sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within TX. Charities of a similar size with the same main cause include Shree Siddhi-Dham Madir Inc ($116k), Leaders for Christ ($116k) and Greater Beaver Meadow Missionary Baptist Church Inc ($116k).

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 $7,306 against liabilities of $0, net assets of $7,306.