Acres of Hope Ministry Inc

Analysis

Acres of Hope Ministry Inc is a registered charity in United States, based in Norwalk, WI. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Acres of Hope Ministry Inc reported income of $157k and spending of $130k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $164k to $157k (-4.2%), an average of -4.2% a year. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Acres of Hope Ministry Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within WI. Charities of a similar size with the same main cause include Higher Ways Ministries ($157k), Mission One Million ($157k) and Blueprint Inc ($157k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 26% of the total. At year end it held assets of $420k against liabilities of $300k, net assets of $120k.