Pastors Hope Network

Analysis

Pastors Hope Network is a registered charity in United States, based in Tyler, TX. It received its IRS tax-exemption ruling in November 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, Pastors Hope Network reported income of $119k and spending of $144k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $107k to $119k (+11%), an average of +11% a year. 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, Pastors Hope Network sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within TX. Charities of a similar size with the same main cause include Iowa Alliance for Arts Education ($119k), Love in the Name of Christ Columbia Basin ($119k) and Shepherds Staff Christian Counseling Center Inc ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $34k against liabilities of $956, net assets of $33k.