Children of Hope

Analysis

Children of Hope is a registered charity in United States, based in Columbus, MS. 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, Children of Hope reported income of $165k and spending of $179k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $234k to $165k (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Children of Hope sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within MS. Charities of a similar size with the same main cause include Beverly Crawford Ministries Inc ($165k), Generation Why Co ($165k) and Katz-Helen and Ray Whittle Jr Foundation Inc ($165k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.