Childrens Hope Alliance

Analysis

Childrens Hope Alliance is a registered charity in United States, based in Barium SPNGS, NC. It received its IRS tax-exemption ruling in November 2004, 22 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 September 2023, Childrens Hope Alliance reported income of $997k and spending of $1.3m, spending 131% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $4.8m to $997k (-79%), an average of -32% a year. The sharpest change came in the year to September 2021, when income dropped by 78%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Hope Alliance sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within NC. Charities of a similar size with the same main cause include Sierra Delta Inc ($997k), Bennys Bodega ($997k) and Foot Print to Success Clubhouse Inc ($997k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 42% of the total. At year end it held assets of $14.7m against liabilities of $0, net assets of $14.7m. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.