Missouri Restored Hope Network

Analysis

Missouri Restored Hope Network is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Missouri Restored Hope Network reported income of $227k and spending of $220k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $202k to $227k (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2021, when income rose by 43%. 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, Missouri Restored Hope Network sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within CO. Charities of a similar size with the same main cause include Friends in Service of Heroes Inc ($227k), Tzilo Shel Heichal Inc ($227k) and Winesburg Cares Fund ($227k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $69k (31% of expenses). Other salaries and wages came to $49k. At year end it held assets of $269k against liabilities of $27k, net assets of $242k. It reported 4 employees.