Hope Early Learning Center Corporation

Analysis

Hope Early Learning Center Corporation is a registered charity in United States, based in Hope, ND. It received its IRS tax-exemption ruling in April 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hope Early Learning Center Corporation reported income of $237k and spending of $247k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $210k to $237k (+13%), an average of +3.1% a year. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Early Learning Center Corporation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 51st percentile within ND. Charities of a similar size with the same main cause include Neighbor 2 Neighbor ($237k), Selah-Naches Food Bank ($237k) and Servantworks Inc ($237k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.6% and program service revenue 91% of the total. Other salaries and wages came to $168k. At year end it held assets of $261k against liabilities of $144, net assets of $261k. It reported 11 employees.