House of Hope Ministries

Analysis

House of Hope Ministries is a registered charity in United States, based in Redmond, OR. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, House of Hope Ministries reported income of $62k and spending of $62k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $62k (+11%), an average of +11% a year. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, House of Hope Ministries sits at the 14th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within OR. Charities of a similar size with the same main cause include Mahalo Homes Inc ($62k), Creative Housing Inc Xiii ($62k) and Hope Coalition ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.0% and program service revenue 96% of the total. At year end it held assets of $7,021 against liabilities of $0, net assets of $7,021.