House of Hope Midwest

Analysis

House of Hope Midwest is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in August 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 (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, House of Hope Midwest reported income of $267k and spending of $215k, spending 81% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $2.2m to $267k (-88%), an average of -51% a year. The sharpest change came in the year to December 2021, when income dropped by 85%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, House of Hope Midwest sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within MO. Charities of a similar size with the same main cause include Casa Juan Bosco Inc ($267k), Duo Center Inc ($267k) and North Carolina Statewide Independent Living Council ($267k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 2.8% of the total. Other salaries and wages came to $8,209. At year end it held assets of $1.5m against liabilities of $1.4m, net assets of $79k.