Village of Hope Inc

Analysis

Village of Hope Inc is a registered charity in United States, based in Corinth, NY. It received its IRS tax-exemption ruling in May 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, Village of Hope Inc reported income of $266k and spending of $272k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $222k to $266k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Village of Hope Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Jefferson City Area Community Services ($266k), H2o Ministries Inc ($266k) and Rapid Response Omahas Disaster Relief Team ($266k).

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 $12k against liabilities of $0, net assets of $12k.