There Is Hope for the Children Inc

Analysis

There Is Hope for the Children Inc is a registered charity in United States, based in Pine Bluff, AR. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2023, There Is Hope for the Children Inc reported income of $107k and spending of $131k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $149k to $107k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, There Is Hope for the Children Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within AR. Charities of a similar size with the same main cause include Orange County Special Angels Rodeo ($107k), Columns Resource Group Foundation Inc ($107k) and Hall County Youth Activity Association Inc ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $112k against liabilities of $0, net assets of $112k.