Teen Hope Ministries

Analysis

Teen Hope Ministries is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Teen Hope Ministries reported income of $133k and spending of $119k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $108k to $133k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Teen Hope Ministries sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within MN. Charities of a similar size with the same main cause include Columbia Boys Athletic Association ($133k), Rap Snacks Foundation Inc ($134k) and Central Mexico Youth Fund ($133k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $41k against liabilities of $2,077, net assets of $39k.