Hope Has Arrived

Analysis

Hope Has Arrived is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hope Has Arrived reported income of $134k and spending of $141k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $132k to $134k (+2.1%), an average of +2.1% a year. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hope Has Arrived sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within SD. Charities of a similar size with the same main cause include Global Advance Foundation ($134k), Michele Telfer Ministries Inc ($134k) and Soli Deo Gloria Inc ($134k).

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 $45k against liabilities of $0, net assets of $45k.