Hope of a Nation Inc

Analysis

Hope of a Nation Inc is a registered charity in United States, based in Forsyth, MO. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Hope of a Nation Inc reported income of $55k and spending of $55k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $74k to $55k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hope of a Nation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within MO. Charities of a similar size with the same main cause include Agape Freedom Ministries Inc ($55k), Maryland Bible Society ($55k) and Del Corazon de Jesucristo ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.