Niagara Heritage of Hope and Service Inc

Analysis

Niagara Heritage of Hope and Service Inc is a registered charity in United States, based in Niagara Falls, NY. It received its IRS tax-exemption ruling in April 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, Niagara Heritage of Hope and Service Inc reported income of $83k and spending of $50k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $83k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Niagara Heritage of Hope and Service Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Inspiration Transportation ($83k), Global Recovery Inc ($83k) and Fair Grove Senior Center ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $176k against liabilities of $863, net assets of $175k.