Treasure House of Hope

Analysis

Treasure House of Hope is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Treasure House of Hope reported income of $453k and spending of $413k, spending 91% of its income. Across the 6 years on record, from August 2019 to December 2023, income grew from $225k to $453k (+101%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 148%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Treasure House of Hope sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 66th percentile within CO. Charities of a similar size with the same main cause include Studios on the Park Inc ($453k), Topa Institute ($453k) and Pittsburgh Youth Chorus ($453k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $96k (23% of expenses). Other salaries and wages came to $56k. At year end it held assets of $451k against liabilities of $96k, net assets of $356k. It reported 5 employees.