Awakening Hope Ministries Inc

Analysis

Awakening Hope Ministries Inc is a registered charity in United States, based in Brainerd, MN. It received its IRS tax-exemption ruling in October 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, Awakening Hope Ministries Inc reported income of $227k and spending of $191k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $194k to $227k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Awakening Hope Ministries 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 56th percentile, and in the 55th percentile within MN. Charities of a similar size with the same main cause include Kingdom Glorious Tabernacle - Church ($227k), Davenport Buddhist Association Kim Cang Temple ($227k) and Hands Across Middlesex Interfaith Outreach Inc ($227k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $76k (40% of expenses). At year end it held assets of $115k against liabilities of $0, net assets of $115k. It reported 1 employees.