Only Hope Prison Ministries

Analysis

Only Hope Prison Ministries is a registered charity in United States, based in Simi Valley, CA. It received its IRS tax-exemption ruling in September 2011, 15 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, Only Hope Prison Ministries reported income of $670k and spending of $654k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $436k to $670k (+54%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 101% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Only Hope Prison Ministries sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Also for Gay Youth Inc ($670k), Coptic Orthodox Charities Inc ($670k) and Mountain Dreamers ($667k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $112k (17% of expenses). Other salaries and wages came to $410k. At year end it held assets of $98k against liabilities of $0, net assets of $98k. It reported 10 employees.