Tri City Hope Center

Analysis

Tri City Hope Center is a registered charity in United States, based in Newcastle, OK. 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 (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, Tri City Hope Center reported income of $120k and spending of $140k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $120k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 120% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tri City Hope Center sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within OK. Charities of a similar size with the same main cause include New Jersey Bankruptcy Lawyers Foundation Inc ($120k), The Cultural Cup Food Bank ($120k) and Pathway Resource Center ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.