Mothers of Hope

Analysis

Mothers of Hope is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in October 2022, 4 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, Mothers of Hope reported income of $387k and spending of $357k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $366k to $387k (+5.7%), an average of +5.7% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mothers of Hope sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within MI. Charities of a similar size with the same main cause include Alabama Cattlemens Foundation Inc ($387k), Wake Foundation ($387k) and Hebron Food Pantry Inc ($387k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.