Childrens Hope

Analysis

Childrens Hope is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in August 2011, 15 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, Childrens Hope reported income of $1.4m and spending of $1.5m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.4m (+7.7%), an average of +1.9% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Hope sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within AL. Charities of a similar size with the same main cause include Hartford Business Improvement District ($1.4m), Community Partnership Inc ($1.4m) and Hope for Home Ministries ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $199k. At year end it held assets of $1.5m against liabilities of $1,497, net assets of $1.5m. It reported 1 employees.