Hope of Israel Baptist Mission Inc

Analysis

Hope of Israel Baptist Mission Inc is a registered charity in United States, based in Powder SPGS, GA. It received its IRS tax-exemption ruling in March 2011, 15 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, Hope of Israel Baptist Mission Inc reported income of $791k and spending of $740k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $485k to $791k (+63%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hope of Israel Baptist Mission Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within GA. Charities of a similar size with the same main cause include Outside the Box Ministries Inc ($791k), Enrichmentfwd ($791k) and Dawat-E-Islami Inc ($789k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $185k (25% of expenses). Other salaries and wages came to $90k. At year end it held assets of $118k against liabilities of $0, net assets of $118k. It reported 7 employees.