Hope Center Moscow Inc

Analysis

Hope Center Moscow Inc is a registered charity in United States, based in Moscow, ID. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Hope Center Moscow Inc reported income of $1.4m and spending of $1.2m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $919k to $1.4m (+51%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Center Moscow Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within ID. Charities of a similar size with the same main cause include Woodburn Christian Childrens Home Inc ($1.4m), Newlands Health ($1.4m) and Limitless Potential Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.8% of the total. Other salaries and wages came to $821k. At year end it held assets of $2.4m against liabilities of $352k, net assets of $2.0m. It reported 56 employees.