Hope 21 Ministries

Analysis

Hope 21 Ministries is a registered charity in United States, based in Dinwiddie, VA. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 21 Ministries reported income of $84k and spending of $86k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $84k (+7.4%), an average of +7.4% a year. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hope 21 Ministries sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within VA. Charities of a similar size with the same main cause include Three Rivers Fellowship ($84k), Chatham Transitional Ministries Inc ($84k) and Live Him Loud Minstries ($84k).

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 $1 against liabilities of $1,793, net assets of -$1,792.