Golden Valley Door of Hope

Analysis

Golden Valley Door of Hope is a registered charity in United States, based in Clinton, MO. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Golden Valley Door of Hope reported income of $111k and spending of $113k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $251k to $111k (-56%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Golden Valley Door of Hope sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within MO. Charities of a similar size with the same main cause include Connecticut Counseling Centers Fund Inc ($111k), Sole Loved Shoes Inc ($111k) and Cass County Rural Community Emergency Food Pantry Inc ($111k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% of the total. Other salaries and wages came to $59k. At year end it held assets of $357k against liabilities of $2,689, net assets of $354k. It reported 7 employees.