Hope on a Mission - Hoam

Analysis

Hope on a Mission - Hoam is a registered charity in United States, based in Poughkeepsie, NY. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Hope on a Mission - Hoam reported income of $53k and spending of $48k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $63k to $53k (-17%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hope on a Mission - Hoam sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Lightsout ($53k), Hope Outreach International Inc ($53k) and Grace Emmaus of the Bluegrass Inc ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $5,270 against liabilities of $0, net assets of $5,270.