Centers of Hope Missions International Inc

Analysis

Centers of Hope Missions International Inc is a registered charity in United States, based in Spring City, TN. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Centers of Hope Missions International Inc reported income of $134k and spending of $156k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $193k to $134k (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 93% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Centers of Hope Missions International Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 45th percentile within TN. Charities of a similar size with the same main cause include Mercy Rains-Africa ($134k), Investigroup NP a NJ Nonprofitcorporation ($135k) and Animal Rescue Fund ($134k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.