Hope House Childrens Relief Inc

Analysis

Hope House Childrens Relief Inc is a registered charity in United States, based in Laredo, TX. It received its IRS tax-exemption ruling in February 2015, 11 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 House Childrens Relief Inc reported income of $149k and spending of $148k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $186k to $149k (-19%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope House Childrens Relief Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Bring Me Hope Foundation ($149k), Next Level Transition Program Inc ($149k) and Burke Day Care Inc ($149k).

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 $66k against liabilities of $0, net assets of $66k.