Celebrate Hope Ministry USA

Analysis

Celebrate Hope Ministry USA is a registered charity in United States, based in Boerne, TX. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Celebrate Hope Ministry USA reported income of $151k and spending of $145k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $151k (+132%), an average of +132% a year. The sharpest change came in the year to December 2023, when income rose by 132%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Celebrate Hope Ministry USA sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Beacon of Hearts Ministries Inc ($151k), First Filipino Baptist Church of Lancaster ($151k) and MCN International Inc ($151k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.