Ihope Intentional Houston Opportunities Promote Empwrmnt Inc

Analysis

Ihope Intentional Houston Opportunities Promote Empwrmnt Inc is a registered charity in United States, based in Warner Robins, GA. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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, Ihope Intentional Houston Opportunities Promote Empwrmnt Inc reported income of $1.3m and spending of $1.4m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $487k to $1.3m (+176%), an average of +29% a year. The sharpest change came in the year to December 2022, when income rose by 95%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ihope Intentional Houston Opportunities Promote Empwrmnt Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within GA. Charities of a similar size with the same main cause include Amplify Inc ($1.3m), Independence Northwest Center for Independent Living of Northwest CT ($1.3m) and Plumbers & Steamfitters Local 375 Joint Apprenticeship & Journeyman ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $788k. At year end it held assets of $234k against liabilities of $114k, net assets of $120k. It reported 24 employees.