Christines Hope for Kids Foundation

Analysis

Christines Hope for Kids Foundation is a registered charity in United States, based in Pennington, NJ. It received its IRS tax-exemption ruling in April 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 April 2024, Christines Hope for Kids Foundation reported income of $156k and spending of $179k, spending 115% of what it took in. Across the 6 years on record, from April 2019 to April 2024, income grew from $146k to $156k (+6.8%), an average of +1.3% a year. The sharpest change came in the year to April 2024, when income rose by 49%. Over the whole period it spent 124% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Christines Hope for Kids Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 56th percentile within NJ. Charities of a similar size with the same main cause include Loaves & Fishes Food Bank of the Ozarks Inc ($156k), Lincoln Street Housing Inc ($156k) and Live Like Jojo Foundation ($156k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 47% of the total. Other salaries and wages came to $35k. At year end it held assets of $190k against liabilities of $0, net assets of $190k. It reported 1 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.