Branch to Hope Community Center

Analysis

Branch to Hope Community Center is a registered charity in United States, based in Aledo, TX. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Branch to Hope Community Center reported income of $331k and spending of $208k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $976k to $331k (-66%), an average of -66% a year. The sharpest change came in the year to December 2023, when income dropped by 66%. Over the whole period it spent 58% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Branch to Hope Community Center sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Dunedin Stirling Soccer Club Inc ($330k), Kims Open Door Inc ($331k) and Kolping Kicks Soccer Club ($330k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 1.1% of the total. At year end it held assets of $2.3m against liabilities of $1.7m, net assets of $552k.