A Moment of Hope

Analysis

A Moment of Hope is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, A Moment of Hope reported income of $414k and spending of $515k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $251k to $414k (+65%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 62%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, A Moment of Hope 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 67th percentile, and in the 72nd percentile within SC. Charities of a similar size with the same main cause include Putnam Radio Ministries ($414k), Apple Tree Center Inc ($414k) and Ahavas Chesed-Love of Kindness Inc ($414k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 109% of the total. Compensation of current officers, directors and key employees was $183k (36% of expenses). Other salaries and wages came to $170k. At year end it held assets of $161k against liabilities of $7,762, net assets of $153k. It reported 27 employees.