Bengals Hope

Analysis

Bengals Hope is a registered charity in United States, based in Clarkston, GA. It received its IRS tax-exemption ruling in December 1991, 35 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bengals Hope reported income of $59k and spending of $68k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $97k to $59k (-40%), an average of -40% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bengals Hope 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 23rd percentile, and in the 24th percentile within GA. Charities of a similar size with the same main cause include Vineland Basketball Association ($59k), Allentown Rotary Club Foundation ($59k) and PTA New Jersey Congress of Parents & Teachers ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $63k against liabilities of $812, net assets of $62k.