Acts of Hope Inc

Analysis

Acts of Hope Inc is a registered charity in United States, based in Blytheville, AR. It received its IRS tax-exemption ruling in February 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, Acts of Hope Inc reported income of $130k and spending of $90k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2019 to December 2023, income grew from $41k to $130k (+215%), an average of +216% a year. The sharpest change came in the year to December 2023, when income rose by 215%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Acts of Hope Inc sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within AR. Charities of a similar size with the same main cause include Manna Harvest ($130k), Oconee United Ministries ($130k) and Cheboygan Compassionate Ministries Inc ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 30% of the total. At year end it held assets of $55k against liabilities of $28k, net assets of $27k.