Operation Hope Prison Ministry

Analysis

Operation Hope Prison Ministry is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Operation Hope Prison Ministry reported income of $329k and spending of $340k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $258k to $329k (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Operation Hope Prison Ministry sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within OK. Charities of a similar size with the same main cause include Durant Childrens Group Inc ($329k), Cornerstone of Grace ($329k) and Camberwell Grief Sanctuary Inc ($329k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $111k (33% of expenses). Other salaries and wages came to $105k. At year end it held assets of $403k against liabilities of $10k, net assets of $392k. It reported 12 employees.