Junction of H O P E Inc

Analysis

Junction of H O P E Inc is a registered charity in United States, based in Chesaning, MI. It received its IRS tax-exemption ruling in January 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Junction of H O P E Inc reported income of $452k and spending of $434k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $394k to $452k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Junction of H O P E Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MI. Charities of a similar size with the same main cause include Camp Cummins Activity Center ($452k), Limitless Disability Services Inc ($452k) and Everyone Matters Ministries ($452k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.6% of the total. Other salaries and wages came to $245k. At year end it held assets of $1.1m against liabilities of $199k, net assets of $914k. It reported 31 employees.