Mountain of Hope Apostolic

Analysis

Mountain of Hope Apostolic is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mountain of Hope Apostolic reported income of $107k and spending of $78k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $107k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 73% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mountain of Hope Apostolic sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Redemption Baptist Ministries Inc ($107k), Iglesta de Dios Casa de Oracion Recibiries Poder ($107k) and Gods Shepherds Outreach Ministry ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.