Angels of Hope Ministry Inc

Analysis

Angels of Hope Ministry Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Angels of Hope Ministry Inc reported income of $197k and spending of $196k, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $311k to $197k (-37%), an average of -14% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Angels of Hope Ministry Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within IN. Charities of a similar size with the same main cause include JB Alexander HS Band Parents Association ($197k), Wethrive Inc ($197k) and Friends the National Association of Young People Who Stutter ($197k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.