Hope House of Miller County Inc

Analysis

Hope House of Miller County Inc is a registered charity in United States, based in Lake Ozark, MO. It received its IRS tax-exemption ruling in May 2023, 3 years ago. Its declared purposes cover food, agriculture and nutrition, 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 House of Miller County Inc reported income of $993k and spending of $812k, spending 82% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $840k to $993k (+18%), an average of +3.4% a year. The sharpest change came in the year to December 2019, when income rose by 18%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope House of Miller County Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within MO. Charities of a similar size with the same main cause include Harbor of Hope Inc ($993k), First Step ($993k) and Edna Brooks Foundation Inc ($993k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $128k. At year end it held assets of $1.5m against liabilities of $11k, net assets of $1.5m. It reported 4 employees.