Childrens Hope Group Home

Analysis

Childrens Hope Group Home is a registered charity in United States, based in Upland, CA. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Childrens Hope Group Home reported income of $1.2m and spending of $1.2m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $848k to $1.2m (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2020, when income rose by 29%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Hope Group Home sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Project Legacy ($1.2m), Hope Center at Pullen Inc ($1.2m) and Interrwellness Retreat Center Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $134k (12% of expenses). Other salaries and wages came to $608k. At year end it held assets of $946k against liabilities of $25k, net assets of $921k. It reported 19 employees.