Hopes Cry International

Analysis

Hopes Cry International is a registered charity in United States, based in Independence, LA. It received its IRS tax-exemption ruling in January 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Hopes Cry International reported income of $497k and spending of $468k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $389k to $497k (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hopes Cry International sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within LA. Charities of a similar size with the same main cause include Jim Hockaday Ministries Inc ($497k), Jerusalem Chesed-Chasdei Henny ($497k) and Care Plus Foundation Inc ($497k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $55k (12% of expenses). Other salaries and wages came to $18k. At year end it held assets of $106k against liabilities of $4,822, net assets of $101k. It reported 5 employees.