Hopes Landing Wem

Analysis

Hopes Landing Wem is a registered charity in United States, based in Dickinson, ND. It received its IRS tax-exemption ruling in February 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, Hopes Landing Wem reported income of $294k and spending of $268k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $196k to $294k (+50%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hopes Landing Wem sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 56th percentile within ND. Charities of a similar size with the same main cause include Friends of Cruciform Life International Ministries Inc ($294k), Peanut Butter & Jesus Inc ($294k) and Hudson Valley Adoption Services Inc ($294k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 26% of the total. Other salaries and wages came to $46k. At year end it held assets of $76k against liabilities of $1,236, net assets of $74k. It reported 1 employees.