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Hope for the Hollow

RegisteredEIN 82-1126827Magnolia, TXReligion
Income$115k2023-12
Spending$82ksame year
Spent / received63%3-year average
Size in its cause48th pctReligion
Exempt since2025Publicly supported organisat
Employees–latest return

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

$0$31k$62k$93k$124k2020 Income: $71,7732020 Spending: $22,89220202022 Income: $123,9832022 Spending: $91,82520222023 Income: $115,4462023 Spending: $81,9212023
IncomeSpending

Where the income comes from

  • Contributions & grants 99%
  • Other 1.1%

Similar-sized charities, same cause

CharityLocationIncome
Commission International IncAugusta$115k
Biblical Studies Released Time IncClover$115k
New Testament Restoration Foundation IncAtlanta$115k
Great Enlightenment Buddhist Institute SocietyPomona$115k