Hope Street Christian Ministries

Analysis

Hope Street Christian Ministries is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in July 2014, 12 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 Street Christian Ministries reported income of $313k and spending of $42k, leaving 86% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $54k to $313k (+476%), an average of +140% a year. The sharpest change came in the year to December 2023, when income rose by 667%. Over the whole period it spent 42% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Street Christian Ministries sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within AL. Charities of a similar size with the same main cause include Cafe on Vine ($313k), Robeson House Inc ($313k) and Capitol Hill Community Services ($313k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.5% of the total. At year end it held assets of $437k against liabilities of $0, net assets of $437k.