Sherry & Tim Houses of Hope Inc

Analysis

Sherry & Tim Houses of Hope Inc is a registered charity in United States, based in Orange City, FL. It received its IRS tax-exemption ruling in March 2016, 10 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, Sherry & Tim Houses of Hope Inc reported income of $99k and spending of $99k, spending 99% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $141k to $99k (-29%), an average of -11% a year. The sharpest change came in the year to December 2023, when income rose by 133%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sherry & Tim Houses of Hope Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within FL. Charities of a similar size with the same main cause include Deaf Planet Soul ($99k), Pink Hill Area Preservation and Development Committee ($99k) and Hilltop Home Foundation ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. At year end it held assets of $2,207 against liabilities of $0, net assets of $2,207.