Mother of Hope Camp

Analysis

Mother of Hope Camp is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mother of Hope Camp reported income of $384k and spending of $406k, spending 106% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $235k to $384k (+63%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mother of Hope Camp sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within RI. Charities of a similar size with the same main cause include Cha-Certified Horsemanship Association Inc ($384k), Meadows Apartment Ownership Inc ($384k) and Rockford Hockey Club Inc ($383k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. Other salaries and wages came to $186k. At year end it held assets of $1.1m against liabilities of $149k, net assets of $960k. It reported 31 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.