Hands of Hope Adoption & Orphan Care Ministry Inc

Analysis

Hands of Hope Adoption & Orphan Care Ministry Inc is a registered charity in United States, based in Noblesville, IN. 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, Hands of Hope Adoption & Orphan Care Ministry Inc reported income of $1.3m and spending of $873k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $879k to $1.3m (+48%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hands of Hope Adoption & Orphan Care Ministry Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within IN. Charities of a similar size with the same main cause include Veterans Relief Network Inc ($1.3m), Changing Peoples Lives Inc ($1.3m) and Developmental Disabilities Management Assistance Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $55k (6.3% of expenses). Other salaries and wages came to $367k. At year end it held assets of $925k against liabilities of $37k, net assets of $888k. It reported 23 employees.