Choosing Hope Adoptions Inc

Analysis

Choosing Hope Adoptions Inc is a registered charity in United States, based in Springfield, OH. It received its IRS tax-exemption ruling in September 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, Choosing Hope Adoptions Inc reported income of $874k and spending of $653k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $418k to $874k (+109%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Choosing Hope Adoptions Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within OH. Charities of a similar size with the same main cause include Washington Heights Community Services Inc ($873k), State of Texas Association of Rheumatologists ($874k) and Gap Ministries of Augusta Inc ($873k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 40% of the total. Other salaries and wages came to $328k. At year end it held assets of $610k against liabilities of $60k, net assets of $550k. It reported 7 employees.