Community Hope Inc

Analysis

Community Hope Inc is a registered charity in United States, based in Laurel, MT. It received its IRS tax-exemption ruling in December 1987, 39 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 March 2023, Community Hope Inc reported income of $77k and spending of $91k, spending 119% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income grew from $73k to $77k (+5.7%), an average of +1.4% a year. The sharpest change came in the year to March 2022, when income dropped by 31%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Hope Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within MT. Charities of a similar size with the same main cause include Hope Ranch Ministries ($77k), Resiliency Center of Newtown Inc ($77k) and Salem Ecumenical Food Pantry Inc ($77k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $29k. At year end it held assets of $411k against liabilities of $1,048, net assets of $410k. It reported 1 employees.