H O P E Recovery Ministries International Inc

Analysis

H O P E Recovery Ministries International Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in April 2022, 4 years ago. 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, H O P E Recovery Ministries International Inc reported income of $82k and spending of $73k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $82k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, H O P E Recovery Ministries International Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within OK. Charities of a similar size with the same main cause include Mountain Moving Faith Ministries ($82k), Capable Partners Inc ($82k) and Father Fred Memorial Tournament ($82k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 82% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.