Community Center of Hope Inc

Analysis

Community Center of Hope Inc is a registered charity in United States, based in Hope, IN. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Community Center of Hope Inc reported income of $377k and spending of $448k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $385k to $377k (-2.1%), an average of -0.5% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Community Center of Hope Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within IN. Charities of a similar size with the same main cause include Ames Minor Hockey Association ($377k), Ohio Youth Rugby Association ($377k) and USA Softball of Texas ($377k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 61% of the total. Other salaries and wages came to $278k. At year end it held assets of $728k against liabilities of $102k, net assets of $626k. It reported 21 employees.