Hope Centers for Children of Africa

Analysis

Hope Centers for Children of Africa is a registered charity in United States, based in Sparta, WI. It received its IRS tax-exemption ruling in January 2010, 16 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, Hope Centers for Children of Africa reported income of $179k and spending of $201k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $268k to $179k (-33%), an average of -9.6% a year. The sharpest change came in the year to December 2022, when income dropped by 24%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Centers for Children of Africa sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within WI. Charities of a similar size with the same main cause include Integrity Counseling ($179k), HMG Cares Foundation ($179k) and Eglobal Family ($179k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $38k. At year end it held assets of $97k against liabilities of $2,360, net assets of $95k. It reported 1 employees.