Acts of Hope Center

Analysis

Acts of Hope Center is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Acts of Hope Center reported income of $156k and spending of $24k, leaving 85% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $315k to $156k (-51%), an average of -21% a year. The sharpest change came in the year to December 2020, when income dropped by 58%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Acts of Hope Center sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include Metropolitan Area Religious Coalition of Cincinnati ($156k), Sports Car Club of America Foundation Inc ($156k) and Word of Grace Mission Inc ($156k).

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 $134k against liabilities of $0, net assets of $134k.