A Gift of Hope Adoptions Inc

Analysis

A Gift of Hope Adoptions Inc is a registered charity in United States, based in Columbia, MO. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, A Gift of Hope Adoptions Inc reported income of $177k and spending of $205k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $250k to $177k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Gift of Hope Adoptions Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within MO. Charities of a similar size with the same main cause include Stand in the Gap Coalition ($177k), Latino Support Network ($177k) and The Open Door Christian Center Inc ($177k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Other salaries and wages came to $100k. At year end it held assets of $244k against liabilities of $0, net assets of $244k. It reported 2 employees.