Hope House Rescue Mission Inc

Analysis

Hope House Rescue Mission Inc is a registered charity in United States, based in Middletown, OH. It received its IRS tax-exemption ruling in February 1989, 37 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, Hope House Rescue Mission Inc reported income of $1.3m and spending of $1.6m, spending 118% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.7m to $1.3m (-23%), an average of -6.4% a year. The sharpest change came in the year to September 2021, when income dropped by 34%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope House Rescue Mission Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OH. Charities of a similar size with the same main cause include Unitas Therapeutic Community Inc ($1.3m), Peoples Forum Inc ($1.3m) and His Story Coaching and Counseling ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 87% and program service revenue 6.1% of the total. Other salaries and wages came to $644k. It paid $254k in professional fundraising fees. At year end it held assets of $6.9m against liabilities of $3.8m, net assets of $3.1m. It reported 23 employees.

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.