Stream of Hope

Analysis

Stream of Hope is a registered charity in United States, based in Boynton Beach, FL. 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 (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, Stream of Hope reported income of $52k and spending of $69k, spending 133% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $269k to $52k (-81%), an average of -56% a year. The sharpest change came in the year to December 2023, when income dropped by 70%. Over the whole period it spent 80% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Stream of Hope sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 23rd percentile within FL. Charities of a similar size with the same main cause include Honeybee Ministries ($52k), Madonna Del Pozzo Society ($52k) and Judea and Samaria Ministries ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.