Home & Hope of Wayne County Inc

Analysis

Home & Hope of Wayne County Inc is a registered charity in United States, based in Apple Creek, OH. It received its IRS tax-exemption ruling in January 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Home & Hope of Wayne County Inc reported income of $389k and spending of $253k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $238k to $389k (+64%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Home & Hope of Wayne County Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within OH. Charities of a similar size with the same main cause include Nysarc - North Country Management Services Corporation ($389k), Valley Kids Foundation Inc ($389k) and Deepwood Foundation ($389k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $84k. At year end it held assets of $604k against liabilities of $360k, net assets of $244k. It reported 8 employees.