Anson County Homes of Hope

Analysis

Anson County Homes of Hope is a registered charity in United States, based in Wadesboro, NC. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2024, Anson County Homes of Hope reported income of $291k and spending of $163k, leaving 44% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $255k to $291k (+14%), an average of +14% a year. Over the whole period it spent 54% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Anson County Homes of Hope sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within NC. Charities of a similar size with the same main cause include Rose of Mary Terrace a Nonprofitcorporation ($290k), GCKH Future Fund Inc ($291k) and South Charleston Unity Apartments Inc ($290k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% and program service revenue 9.1% of the total. Other salaries and wages came to $39k. At year end it held assets of $661k against liabilities of $214k, net assets of $447k. It reported 1 employees.