Mission Hope for Kids Inc

Analysis

Mission Hope for Kids Inc is a registered charity in United States, based in Elizabethtown, KY. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Mission Hope for Kids Inc reported income of $362k and spending of $274k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $243k to $362k (+49%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 80% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Mission Hope for Kids Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within KY. Charities of a similar size with the same main cause include KPWP Fundraising Inc ($362k), Stamford Peace Youth Foundation Inc ($362k) and Solvay Geddes Community Youth Center Inc ($362k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $114k. It paid $536 in professional fundraising fees. At year end it held assets of $541k against liabilities of $7,404, net assets of $533k. It reported 9 employees.