Hope Now Ministries

Analysis

Hope Now Ministries is a registered charity in United States, based in Dacula, GA. It received its IRS tax-exemption ruling in December 1985, 41 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Hope Now Ministries reported income of $132k and spending of $287k, spending 217% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $395k to $132k (-66%), an average of -66% a year. The sharpest change came in the year to December 2023, when income dropped by 66%. Over the whole period it spent 126% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hope Now Ministries sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within GA. Charities of a similar size with the same main cause include Bread of Life Christian Church ($132k), Ripple Ministries of Snohomish ($132k) and Clarity Seminar Inc ($132k).

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 $31k against liabilities of $5,547, net assets of $26k.