Hope Church
Analysis
Hope Church is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2021, Hope Church reported income of $84k and spending of $89k, spending 106% of what it took in. Across the 2 years on record, from December 2020 to December 2021, income grew from $83k to $84k (+1.6%), an average of +1.6% a year. Over the whole period it spent 98% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Hope Church 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 28th percentile within CO. Charities of a similar size with the same main cause include Open Door Discipleship Ministries ($84k), Hindu Temple and Heritage Foundation Inc ($84k) and Graceworx Inc ($84k).
On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,863 against liabilities of $0, net assets of $2,863.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Open Door Discipleship Ministries | Tulsa | $84k |
| Hindu Temple and Heritage Foundation Inc | Pasadena | $84k |
| Graceworx Inc | Forest City | $84k |
| Faith Walk South Louisiana | Lake Charles | $84k |