Greater Hayward House of Hope Incorporated

Analysis

Greater Hayward House of Hope Incorporated is a registered charity in United States, based in Hayward, WI. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greater Hayward House of Hope Incorporated reported income of $158k and spending of $176k, spending 112% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $135k to $158k (+16%), an average of +7.9% a year. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Greater Hayward House of Hope Incorporated sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within WI. Charities of a similar size with the same main cause include Promise of Hope Ministries ($158k), Cornerstone Broadcasting ($158k) and Alpha International Ministries ($157k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $31k (17% of expenses). It paid $10k in professional fundraising fees. At year end it held assets of $60k against liabilities of $3,267, net assets of $56k. It reported 4 employees.