Hope Alive Transformational Ministries Inc

Analysis

Hope Alive Transformational Ministries Inc is a registered charity in United States, based in Morrilton, AR. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Hope Alive Transformational Ministries Inc reported income of $115k and spending of $111k, spending 96% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $368k to $115k (-69%), an average of -44% a year. The sharpest change came in the year to December 2022, when income dropped by 61%. Over the whole period it spent 42% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope Alive Transformational Ministries Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within AR. Charities of a similar size with the same main cause include Ophthalmicedge Inc ($115k), Pregnancy Care Center Inc ($115k) and Lynch Foundation Inc ($115k).

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 $446k against liabilities of $0, net assets of $446k.