Joelton Hope Center

Analysis

Joelton Hope Center is a registered charity in United States, based in Joelton, TN. It received its IRS tax-exemption ruling in March 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, Joelton Hope Center reported income of $423k and spending of $428k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $411k to $423k (+2.8%), an average of +0.7% a year. The sharpest change came in the year to December 2020, when income dropped by 33%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Joelton Hope Center sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within TN. Charities of a similar size with the same main cause include Madison County House of Hope Inc ($423k), Parceleras Afrocaribenas Por LA Transformacion Barrial Inc ($423k) and Forget Me Not Childrens Services ($422k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. Other salaries and wages came to $73k. At year end it held assets of $107k against liabilities of $772, net assets of $106k. It reported 4 employees.