Mission of Hope House of Wisconsin Inc

Analysis

Mission of Hope House of Wisconsin Inc is a registered charity in United States, based in New London, WI. It received its IRS tax-exemption ruling in October 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 2022, Mission of Hope House of Wisconsin Inc reported income of $298k and spending of $451k, spending 151% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $172k to $298k (+73%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 104%. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mission of Hope House of Wisconsin Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within WI. Charities of a similar size with the same main cause include Phoebe Pember Foundation ($298k), After School Kids Under Supervision Inc ($298k) and Twelve Baskets ($298k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 68% of the total. Compensation of current officers, directors and key employees was $60k (13% of expenses). Other salaries and wages came to $238k. At year end it held assets of $374k against liabilities of $105k, net assets of $269k. It reported 36 employees.