Hope Collaborative Christian Community Development Inc

Analysis

Hope Collaborative Christian Community Development Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in March 2018, 8 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 2023, Hope Collaborative Christian Community Development Inc reported income of $619k and spending of $577k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $706k to $619k (-12%), an average of -3.2% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Collaborative Christian Community Development Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within KY. Charities of a similar size with the same main cause include Latishas House Foundation Inc ($619k), Alle-Kiski Valley Senior Citizens Center Inc ($619k) and Songs of Love Foundation ($619k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Other salaries and wages came to $391k. At year end it held assets of $385k against liabilities of $12k, net assets of $373k. It reported 15 employees.