Hope for Tomorrow Guatemala

Analysis

Hope for Tomorrow Guatemala is a registered charity in United States, based in S Woodstock, CT. It received its IRS tax-exemption ruling in July 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, Hope for Tomorrow Guatemala reported income of $124k and spending of $131k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $124k (+87%), an average of +87% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 108% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hope for Tomorrow Guatemala sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within CT. Charities of a similar size with the same main cause include Fathers Touch Ministries ($124k), Nathan a Blouse Ministries ($124k) and Ishaya Foundation ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,040 against liabilities of $0, net assets of $5,040.