Embracing Hope of Howard County in

Analysis

Embracing Hope of Howard County in is a registered charity in United States, based in Kokomo, IN. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Embracing Hope of Howard County in reported income of $77k and spending of $40k, leaving 49% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $284k to $77k (-73%), an average of -48% a year. The sharpest change came in the year to December 2022, when income dropped by 70%. Over the whole period it spent 29% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Embracing Hope of Howard County in sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within IN. Charities of a similar size with the same main cause include Bighearted Blooms ($77k), Galion Golden Age Club Inc ($77k) and Lewiston 50 Plus Club Inc ($77k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $714k against liabilities of $0, net assets of $714k.