Hope Village for Children Inc

Analysis

Hope Village for Children Inc is a registered charity in United States, based in Meridian, MS. It received its IRS tax-exemption ruling in February 2001, 25 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 June 2023, Hope Village for Children Inc reported income of $3.6m and spending of $4.1m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.0m to $3.6m (-10%), an average of -2.6% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Village for Children Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within MS. Charities of a similar size with the same main cause include Pathways to Independence Inc ($3.6m), Chestnut Mountain Ranch Inc ($3.6m) and Robbins Childrens Programs Inc ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $2.6m. At year end it held assets of $6.2m against liabilities of $215k, net assets of $5.9m. It reported 84 employees.