Advance Hope Ministries

Analysis

Advance Hope Ministries is a registered charity in United States, based in Kalispell, MT. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Advance Hope Ministries reported income of $103k and spending of $84k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $103k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Advance Hope Ministries sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 35th percentile within MT. Charities of a similar size with the same main cause include St Luke Community and Health Service ($103k), Declare Therapy Center LLC ($103k) and Indianapolis Intergroup Inc ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 3.2% of the total. At year end it held assets of $31k against liabilities of $625, net assets of $31k.