Hope for Prisoners Om Inc

Analysis

Hope for Prisoners Om Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in April 2015, 11 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 June 2023, Hope for Prisoners Om Inc reported income of $3.3m and spending of $3.4m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $3.3m (+154%), an average of +26% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope for Prisoners Om Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NV. Charities of a similar size with the same main cause include Black Stone Valley Advocacy Center ($3.3m), Southeastern Developmental Service Inc ($3.3m) and Hart Community Home Inc ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $284k (8.4% of expenses). Other salaries and wages came to $1.4m. It paid $4,940 in professional fundraising fees. At year end it held assets of $490k against liabilities of $193k, net assets of $296k. It reported 63 employees.