Hope 4 One Ministries

Analysis

Hope 4 One Ministries is a registered charity in United States, based in Cleveland, TN. It received its IRS tax-exemption ruling in October 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 4 One Ministries reported income of $93k and spending of $73k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $124k to $93k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 58% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope 4 One Ministries sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within TN. Charities of a similar size with the same main cause include Possum Queen Foundation Inc ($93k), Lexies Voice ($93k) and Kids Fighting Hunger Inc ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 114% of the total. At year end it held assets of $212k against liabilities of $0, net assets of $212k.