Hope Rising Childrens Home

Analysis

Hope Rising Childrens Home is a registered charity in United States, based in Lavaca, AR. It received its IRS tax-exemption ruling in February 2016, 10 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 December 2023, Hope Rising Childrens Home reported income of $187k and spending of $248k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $471k to $187k (-60%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 118% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Rising Childrens Home sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within AR. Charities of a similar size with the same main cause include Hannah & Friends Weis Family Foundation Inc ($187k), Lion Life Community Inc ($187k) and The Food Center ($187k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.