West Fort Worth Center of Hope Inc

Analysis

West Fort Worth Center of Hope Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, West Fort Worth Center of Hope Inc reported income of $331k and spending of $314k, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $333k to $331k (-0.7%), an average of -0.2% a year. The sharpest change came in the year to June 2022, when income rose by 49%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, West Fort Worth Center of Hope Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Liberti Network of Churches ($331k), Interfaith Alliance of Iowa ($331k) and Darul Iman Buffalo Inc ($331k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $115k. At year end it held assets of $219k against liabilities of $1,807, net assets of $217k. It reported 8 employees.