Word of Hope International Ministries

Analysis

Word of Hope International Ministries is a registered charity in United States, based in North Port, FL. It received its IRS tax-exemption ruling in April 2010, 16 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, Word of Hope International Ministries reported income of $63k and spending of $71k, spending 112% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $87k to $63k (-28%), an average of -28% a year. The sharpest change came in the year to December 2022, when income dropped by 28%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Word of Hope International Ministries sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 28th percentile within FL. Charities of a similar size with the same main cause include National Lutheran Outdoors Ministry Association Inc ($63k), Passion for Souls Transforming Lives Outreach ($63k) and In the Gap Ministries ($63k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,969 against liabilities of $0, net assets of $5,969.