Southwest Arkansas Developmental Homes of Hope Inc

Analysis

Southwest Arkansas Developmental Homes of Hope Inc is a registered charity in United States, based in Hope, AR. It received its IRS tax-exemption ruling in June 1987, 39 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Southwest Arkansas Developmental Homes of Hope Inc reported income of $105k and spending of $83k, leaving 21% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $118k to $105k (-11%), an average of -11% a year. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southwest Arkansas Developmental Homes of Hope Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within AR. Charities of a similar size with the same main cause include Newberg Early Birds Rotary Foundation ($105k), Casa Esther Inc ($105k) and Heritage Community Support Foundation ($105k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $167k against liabilities of $122k, net assets of $45k.