Illumin8 Hope Ministries Inc

Analysis

Illumin8 Hope Ministries Inc is a registered charity in United States, based in Conroe, TX. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Illumin8 Hope Ministries Inc reported income of $86k and spending of $79k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $86k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Illumin8 Hope Ministries Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within TX. Charities of a similar size with the same main cause include Brothers and Sisters in Community Service ($86k), Latin America Working Group Education Fund ($86k) and Worldteach Inc ($85k).

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 $9,641 against liabilities of $0, net assets of $9,641.