A Door of Hope

Analysis

A Door of Hope is a registered charity in United States, based in Safety Harbor, FL. It received its IRS tax-exemption ruling in September 2012, 14 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 2022, A Door of Hope reported income of $3.0m and spending of $2.1m, leaving 30% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.2m to $3.0m (+145%), an average of +35% a year. The sharpest change came in the year to December 2022, when income rose by 70%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, A Door of Hope sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Columbia Barnard Hillel Inc ($3.0m), Wind River Ministries Inc ($3.0m) and Almaghrib Institute Inc ($3.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m. It reported 24 employees.