Acres of Hope

Analysis

Acres of Hope is a registered charity in United States, based in Independence, OR. It received its IRS tax-exemption ruling in June 2019, 7 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 September 2023, Acres of Hope reported income of $603k and spending of $355k, leaving 41% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $272k to $603k (+122%), an average of +122% a year. The sharpest change came in the year to September 2023, when income rose by 122%. Over the whole period it spent 71% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Acres of Hope sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within OR. Charities of a similar size with the same main cause include Real Impact Missions Inc ($603k), Community Ministries International ($603k) and Keep the Faith Ministries ($603k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 56% of the total. Other salaries and wages came to $212k. At year end it held assets of $339k against liabilities of $12k, net assets of $327k. It reported 10 employees.