Hope After Betrayal Ministries

Analysis

Hope After Betrayal Ministries is a registered charity in United States, based in Tarpon SPGS, FL. It received its IRS tax-exemption ruling in May 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 After Betrayal Ministries reported income of $64k and spending of $61k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $64k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, 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, Hope After Betrayal Ministries sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 29th percentile within FL. Charities of a similar size with the same main cause include The Ohio Legislative Black Caucus Foundation ($64k), Society of St Vincent de Paul St Theresa Conference ($64k) and Central Coast Seniors ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. At year end it held assets of $30k against liabilities of $600, net assets of $30k.