Creations Hope Inc

Analysis

Creations Hope Inc is a registered charity in United States, based in Loudonville, OH. It received its IRS tax-exemption ruling in February 2018, 8 years ago. 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, Creations Hope Inc reported income of $72k and spending of $71k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $76k to $72k (-5.3%), an average of -1.4% a year. The sharpest change came in the year to December 2022, when income rose by 60%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Creations Hope Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within OH. Charities of a similar size with the same main cause include Arkansas International Buddhist Temple ($72k), Irregular4christ Music Ministry Inc ($72k) and Houston Journey to Damascus ($72k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 45% of the total. Other salaries and wages came to $51k. At year end it held assets of $8,405 against liabilities of $0, net assets of $8,405. It reported 1 employees.