Tri-Hope Life Ministries

Analysis

Tri-Hope Life Ministries is a registered charity in United States, based in Midlothian, VA. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 April 2024, Tri-Hope Life Ministries reported income of $194k and spending of $187k, spending 96% of its income. Across the 3 years on record, from April 2020 to April 2024, income grew from $26k to $194k (+639%), an average of +172% a year. The sharpest change came in the year to April 2023, when income rose by 471%. Over the whole period it spent 95% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Tri-Hope Life Ministries sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within VA. Charities of a similar size with the same main cause include Bold Solutions ($194k), Gallatin County Casa-Gal Program Inc ($194k) and Russian American Officers Association Inc ($193k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 56% and program service revenue 42% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.