Inspiring Hope Ministries Inc

Analysis

Inspiring Hope Ministries Inc is a registered charity in United States, based in Middleton, WI. It received its IRS tax-exemption ruling in August 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, Inspiring Hope Ministries Inc reported income of $168k and spending of $78k, leaving 53% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $164k to $168k (+2.4%), an average of +2.4% a year. Over the whole period it spent 65% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Inspiring Hope Ministries 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 50th percentile, and in the 49th percentile within WI. Charities of a similar size with the same main cause include Sacred Heart Catholic School Endowment Fund ($168k), His Kingdom Builders Inc ($168k) and Jesucristo El Mana Del Cielo ($168k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 4.8% of the total. At year end it held assets of $130k against liabilities of $0, net assets of $130k.