Hope for the Hollow
Analysis
Hope for the Hollow is a registered charity in United States, based in Magnolia, TX. It received its IRS tax-exemption ruling in October 2025. Its declared purposes cover religion-related, which this site groups under religion. 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, Hope for the Hollow reported income of $115k and spending of $82k, leaving 29% of income unspent that year. Across the 3 years on record, from March 2020 to December 2023, income grew from $72k to $115k (+61%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 73%. Over the whole period it spent 63% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Hope for the Hollow sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within TX. Charities of a similar size with the same main cause include Commission International Inc ($115k), Biblical Studies Released Time Inc ($115k) and New Testament Restoration Foundation Inc ($115k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $372k against liabilities of $0, net assets of $372k.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 1.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Commission International Inc | Augusta | $115k |
| Biblical Studies Released Time Inc | Clover | $115k |
| New Testament Restoration Foundation Inc | Atlanta | $115k |
| Great Enlightenment Buddhist Institute Society | Pomona | $115k |