Esthers Hope Ministries Inc

Analysis

Esthers Hope Ministries Inc is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Esthers Hope Ministries Inc 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 $75k to $59k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 112% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Esthers Hope Ministries Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within MI. Charities of a similar size with the same main cause include Samburu Trust USA Inc ($58k), Harvest Time Encounters ($59k) and Armenian Legal Center for Justice and Human Rights ($58k).

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 $18k against liabilities of $5,862, net assets of $12k.