A Place of Hope

Analysis

A Place of Hope is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in January 2023, 3 years ago. 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 2022, A Place of Hope reported income of $931k and spending of $974k, spending 105% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $1.1m to $931k (-13%), an average of -13% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, A Place of Hope sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within OH. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($931k), Florida International Airshow Inc ($931k) and West Side Rowing Club Incorporated of the City of Buffalo ($931k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $154k against liabilities of $182k, net assets of -$28k.