A Place of Hope North Ga Inc

Analysis

A Place of Hope North Ga Inc is a registered charity in United States, based in Clayton, GA. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, A Place of Hope North Ga Inc reported income of $262k and spending of $173k, leaving 34% of income unspent that year. Across the 3 years on record, from September 2021 to September 2023, income fell from $458k to $262k (-43%), an average of -24% a year. The sharpest change came in the year to September 2022, when income dropped by 38%. Over the whole period it spent 30% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, A Place of Hope North Ga Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within GA. Charities of a similar size with the same main cause include New Brittany Housing Foundation ($262k), Roosevelt Park Association Inc ($263k) and Casa Linda Inc ($262k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 69% of the total. Compensation of current officers, directors and key employees was $62k (36% of expenses). Other salaries and wages came to $17k. At year end it held assets of $758k against liabilities of $0, net assets of $758k. It reported 2 employees.