Hope Everlasting Ministry

Analysis

Hope Everlasting Ministry is a registered charity in United States, based in Trussville, AL. It received its IRS tax-exemption ruling in July 2014, 12 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 2023, Hope Everlasting Ministry reported income of $393k and spending of $242k, leaving 38% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $323k to $393k (+21%), an average of +10% a year. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hope Everlasting Ministry sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within AL. Charities of a similar size with the same main cause include Legacy Outfitters ($393k), Dao Vien Buddhist Temple ($393k) and Center for Peace Incorporated ($393k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $113k. At year end it held assets of $944k against liabilities of $0, net assets of $944k.