A Center of Hope CPC Inc

Analysis

A Center of Hope CPC Inc is a registered charity in United States, based in Loganville, GA. It received its IRS tax-exemption ruling in April 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 (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, A Center of Hope CPC Inc reported income of $570k and spending of $574k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $367k to $570k (+56%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 50%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Center of Hope CPC Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within GA. Charities of a similar size with the same main cause include The Sons of Liberty ($570k), Aacorn Farm Inc ($570k) and Ohio County & Independent Agricultural Societies ($570k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $56k (9.8% of expenses). Other salaries and wages came to $224k. At year end it held assets of $436k against liabilities of $0, net assets of $436k. It reported 13 employees.