Ray of Hope Advocacy Center Inc

Analysis

Ray of Hope Advocacy Center Inc is a registered charity in United States, based in Bartlesville, OK. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Ray of Hope Advocacy Center Inc reported income of $1.1m and spending of $928k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $489k to $1.1m (+118%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 90% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Ray of Hope Advocacy Center Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within OK. Charities of a similar size with the same main cause include Respond Crisis Translation ($1.1m), Connecticut Violence Intervention & Prevention Inc ($1.1m) and Opportunities Alternatives and Resources of Tompkins County ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Other salaries and wages came to $546k. At year end it held assets of $1.8m against liabilities of $14k, net assets of $1.8m. It reported 8 employees.