Hope for People Ministries

Analysis

Hope for People Ministries is a registered charity in United States, based in Kailua, HI. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hope for People Ministries reported income of $142k and spending of $143k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $102k to $142k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2022, when income dropped by 39%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Hope for People Ministries sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within HI. Charities of a similar size with the same main cause include Nehemiah Economic Development Inc ($141k), Womans Club ($142k) and The St Margaret Willow Plaza Neighborhood Revitalization Zone ($141k).

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 $3,934 against liabilities of $0, net assets of $3,934.