Broken & Hopeful Incorporated

Analysis

Broken & Hopeful Incorporated is a registered charity in United States, based in Littleton, CO. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Broken & Hopeful Incorporated reported income of $110k and spending of $99k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $110k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Broken & Hopeful Incorporated sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 35th percentile within CO. Charities of a similar size with the same main cause include New Way Church ($110k), Hidden People Ministries ($110k) and Outdoor Christian Ministries ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.8% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.