American Hope Communications LLC

Analysis

American Hope Communications LLC is a registered charity in United States, based in Ramsey, IL. It received its IRS tax-exemption ruling in February 2024, 2 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, American Hope Communications LLC reported income of $368k and spending of $198k, leaving 46% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $1 to $368k (+36757800%), an average of +7063% a year. The sharpest change came in the year to December 2021, when income rose by 695000%. Over the whole period it spent 65% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, American Hope Communications LLC sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within IL. Charities of a similar size with the same main cause include Yagdil Torah Inc ($367k), Touch of Fire Ministries Inc ($368k) and Iglesia Luz de Salvacion de Aic Inc ($367k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% of the total. Other salaries and wages came to $28k. At year end it held assets of $327k against liabilities of $157k, net assets of $170k. It reported 1 employees.