Nicoles House of Hope Inc

Analysis

Nicoles House of Hope Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in September 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, Nicoles House of Hope Inc reported income of $410k and spending of $406k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $334k to $410k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nicoles House of Hope Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within GA. Charities of a similar size with the same main cause include Columbus County Agriculture Fair ($410k), Center Inc ($410k) and Moab Community Childcare ($410k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. It paid $1,560 in professional fundraising fees. At year end it held assets of $50k against liabilities of $39k, net assets of $11k.