Door of Hope Redeeming Lives Restoring Families

Analysis

Door of Hope Redeeming Lives Restoring Families is a registered charity in United States, based in Blaine, MN. 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, Door of Hope Redeeming Lives Restoring Families reported income of $366k and spending of $406k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $213k to $366k (+72%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Door of Hope Redeeming Lives Restoring Families sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within MN. Charities of a similar size with the same main cause include Community Service Center of Northern Champaign County ($366k), Raw Ruth Anointed World Ministries ($366k) and Hardwick Area Food Pantry Inc ($366k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $203k (50% of expenses). Other salaries and wages came to $92k. At year end it held assets of $56k against liabilities of $2,726, net assets of $54k. It reported 11 employees.