Hope Center Adoption and Family Services

Analysis

Hope Center Adoption and Family Services is a registered charity in United States, based in Cookeville, TN. It received its IRS tax-exemption ruling in April 2024, 2 years ago. Its declared purposes cover human services, 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 2022, Hope Center Adoption and Family Services reported income of $257k and spending of $222k, spending 87% of its income. Across the 3 years on record, from June 2021 to December 2022, income grew from $170k to $257k (+51%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Center Adoption and Family Services sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within TN. Charities of a similar size with the same main cause include Wright-Hennepin Electric TR ($257k), Kitchen One 4 One ($257k) and Stone County Abuse Prevention ($257k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 76% and program service revenue 24% of the total. Other salaries and wages came to $101k. At year end it held assets of $197k against liabilities of $6,395, net assets of $190k.