Fair Hope Children Ministry

Analysis

Fair Hope Children Ministry is a registered charity in United States, based in Danville, IL. It received its IRS tax-exemption ruling in October 2018, 8 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 (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, Fair Hope Children Ministry reported income of $56k and spending of $93k, spending 166% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $82k to $56k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 115% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Fair Hope Children Ministry sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within IL. Charities of a similar size with the same main cause include Twin Soup ($56k), West Alameda County Conference ($56k) and Youth Opportunity Foundation Inc ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $416k against liabilities of $0, net assets of $416k.