Rock Bottom Hope

Analysis

Rock Bottom Hope is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in July 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 December 2023, Rock Bottom Hope reported income of $135k and spending of $133k, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $115k to $135k (+17%), an average of +5.2% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Rock Bottom Hope sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Tabernacle of Christ for All Nations ($135k), Institute of Theology and Christian Ministry Foundation ($135k) and JTH Ministries ($134k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 107% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.