Hope Ministries International

Analysis

Hope Ministries International is a registered charity in United States, based in Uniontown, OH. It received its IRS tax-exemption ruling in March 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 December 2023, Hope Ministries International reported income of $234k and spending of $252k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $272k to $234k (-14%), an average of -3.8% a year. The sharpest change came in the year to December 2020, when income rose by 71%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Ministries International sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within OH. Charities of a similar size with the same main cause include Community Kitchen Inc ($234k), One League Global Scholarship Fund ($234k) and Chill Station ($234k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $27k (11% of expenses). At year end it held assets of $497k against liabilities of $461, net assets of $497k. It reported 1 employees.