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City of Hope Outreach

RegisteredEIN 27-0719865Conway, ARReligion
Income$561k2023-12
Spending$383ksame year
Spent / received76%4-year average
Size in its cause85th pctReligion
Exempt since2010Church
Employees5latest return

Analysis

City of Hope Outreach is a registered charity in United States, based in Conway, AR. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, City of Hope Outreach reported income of $561k and spending of $383k, leaving 32% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $327k to $561k (+72%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 140%. Over the whole period it spent 76% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, City of Hope Outreach sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within AR. Charities of a similar size with the same main cause include Chokgyur Lingpa Foundation ($561k), Tao and Zen Society of USA ($562k) and Living Emotionally Free Foundation Leff Inc ($561k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $171k (45% of expenses). At year end it held assets of $514k against liabilities of $11k, net assets of $503k. It reported 5 employees.

Income and spending

$0$140k$281k$421k$561k2020 Income: $327,2052020 Spending: $200,94220202021 Income: $302,2672021 Spending: $253,75220212022 Income: $233,7462022 Spending: $246,67120222023 Income: $561,3102023 Spending: $383,0242023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
Chokgyur Lingpa FoundationCooperstown$561k
Tao and Zen Society of USACupertino$562k
Living Emotionally Free Foundation Leff IncMiami$561k
New Vision for Christ Ministries IncNorth Miami$562k