Marion Area Ministerial Associations House of Hope

Analysis

Marion Area Ministerial Associations House of Hope is a registered charity in United States, based in Marion, WI. It received its IRS tax-exemption ruling in April 2006, 20 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, Marion Area Ministerial Associations House of Hope reported income of $74k and spending of $60k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $74k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Marion Area Ministerial Associations House of Hope sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within WI. Charities of a similar size with the same main cause include Clay County Agricultural Fair Association ($74k), Calasanz Childrens Foundation ($74k) and Tinker Home Away From Home Inc ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $231k against liabilities of $0, net assets of $231k.