Compassionate Ministries Center of Hope

Analysis

Compassionate Ministries Center of Hope is a registered charity in United States, based in Kankakee, IL. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Compassionate Ministries Center of Hope reported income of $403k and spending of $438k, spending 109% of what it took in. Across the 5 years on record, from April 2020 to April 2024, income fell from $594k to $403k (-32%), an average of -9.3% a year. The sharpest change came in the year to April 2022, when income dropped by 31%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Compassionate Ministries Center of Hope sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within IL. Charities of a similar size with the same main cause include Smart Bellies ($402k), Child Care Services of Sterling Inc ($403k) and Radford Child Development Inc ($402k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $76k. At year end it held assets of $134k against liabilities of $132, net assets of $134k. It reported 4 employees.