A Ray of Hope

Analysis

A Ray of Hope is a registered charity in United States, based in Kalispell, MT. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover food, agriculture and nutrition, 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, A Ray of Hope reported income of $535k and spending of $330k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $200k to $535k (+168%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 91%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Ray of Hope sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within MT. Charities of a similar size with the same main cause include Jcvision & Associates Inc ($535k), Life Hub Inc ($535k) and Commonwealth Cares Fund Inc ($535k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 19% of the total. At year end it held assets of $897k against liabilities of $190, net assets of $897k. It reported 1 employees.