House of Hope Orlando Inc

Analysis

House of Hope Orlando Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in September 1981, 45 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, House of Hope Orlando Inc reported income of $883k and spending of $755k, spending 86% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $547k to $883k (+61%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 121% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, House of Hope Orlando Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Albany Catholic Press Assn Inc ($882k), New Mount Carmel Foundation Inc ($883k) and Sisdac-West Valley City- Utah ($882k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 85% and program service revenue 1.6% of the total. Other salaries and wages came to $171k. At year end it held assets of $2.8m against liabilities of $11k, net assets of $2.8m. It reported 23 employees.