Living Hope Bible Church Inc

Analysis

Living Hope Bible Church Inc is a registered charity in United States, based in Wilkes Barre, PA. It received its IRS tax-exemption ruling in January 2022, 4 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, Living Hope Bible Church Inc reported income of $120k and spending of $155k, spending 130% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $415k to $120k (-71%), an average of -71% a year. The sharpest change came in the year to December 2023, when income dropped by 71%. Over the whole period it spent 60% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Living Hope Bible Church Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 39th percentile within PA. Charities of a similar size with the same main cause include Allen County Jail Chaplaincy ($120k), Christian Learning Centers of the ($120k) and His Frontline Ministries ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $287k against liabilities of $0, net assets of $287k.