Faith N Hope International Ministry

Analysis

Faith N Hope International Ministry is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Faith N Hope International Ministry reported income of $198k and spending of $225k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $186k to $198k (+6.5%), an average of +6.5% a year. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Faith N Hope International Ministry sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 50th percentile within CO. Charities of a similar size with the same main cause include Southern Tier Veterans Support Group Inc ($198k), Life Factors Ministries ($198k) and St Anne Village Inc ($198k).

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 $42k against liabilities of $0, net assets of $42k.