Nathaniels Hope Inc

Analysis

Nathaniels Hope Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2022, Nathaniels Hope Inc reported income of $7.7m and spending of $906k, leaving 88% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.1m to $7.7m (+601%), an average of +91% a year. The sharpest change came in the year to December 2022, when income rose by 518%. Over the whole period it spent 31% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Nathaniels Hope Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Masters Academy International Inc ($7.7m), McMichael Communications Group Inc ($7.7m) and Chinmaya Mission Chicago ($7.7m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% and program service revenue 0.3% of the total. Other salaries and wages came to $263k. At year end it held assets of $9.6m against liabilities of $86k, net assets of $9.6m. It reported 7 employees.