Hope Center Inc

Analysis

Hope Center Inc is a registered charity in United States, based in Americus, GA. It received its IRS tax-exemption ruling in July 1988, 38 years ago. 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 December 2023, Hope Center Inc reported income of $122k and spending of $100k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $123k to $122k (-0.5%), an average of -0.5% a year. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hope Center Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within GA. Charities of a similar size with the same main cause include Blount Library Inc ($122k), Watson Clinic Foundation Inc ($122k) and Veterans Club at Encanterra ($122k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $114k against liabilities of $1,626, net assets of $112k.