Benjamins Hope

Analysis

Benjamins Hope is a registered charity in United States, based in Holland, MI. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Benjamins Hope reported income of $317k and spending of $93k, leaving 71% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.7m to $317k (-91%), an average of -46% a year. The sharpest change came in the year to December 2023, when income dropped by 95%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Benjamins Hope sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MI. Charities of a similar size with the same main cause include Kokua Mau Inc ($317k), St Christophers Children ($317k) and Camas Day School ($317k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $48k. At year end it held assets of $318k against liabilities of $155, net assets of $317k. It reported 1 employees.