Garden of Hope Inc

Analysis

Garden of Hope Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in September 2003, 23 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 September 2023, Garden of Hope Inc reported income of $498k and spending of $687k, spending 138% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income grew from $422k to $498k (+18%), an average of +5.7% a year. The sharpest change came in the year to September 2021, when income rose by 18%. Over the whole period it spent 127% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Garden of Hope Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within AL. Charities of a similar size with the same main cause include Welcome House Properties Inc ($498k), Vietnamese American Civic Association ($498k) and St Vincent de Paul Center of Bakersfield ($498k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $43k (6.3% of expenses). Other salaries and wages came to $55k. At year end it held assets of $2.7m against liabilities of $4.5m, net assets of -$1.8m.

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.