Hope4heartsga Inc

Analysis

Hope4heartsga Inc is a registered charity in United States, based in Rome, GA. It received its IRS tax-exemption ruling in March 2021, 5 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, Hope4heartsga Inc reported income of $92k and spending of $87k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $305k to $92k (-70%), an average of -70% a year. The sharpest change came in the year to December 2023, when income dropped by 70%. Over the whole period it spent 32% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hope4heartsga Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within GA. Charities of a similar size with the same main cause include Determinetruth Inc ($92k), Tay Phuong Buddhist Monastery ($92k) and One More Church Inc ($92k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.3% of the total. At year end it held assets of $297k against liabilities of $0, net assets of $297k.