Hope Christian School Foundation
Analysis
Hope Christian School Foundation is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Hope Christian School Foundation reported income of $83k and spending of $55k, leaving 33% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $102k to $83k (-19%), an average of -4.1% a year. The sharpest change came in the year to June 2021, when income rose by 103%. Over the whole period it spent 48% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Hope Christian School Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within MI. Charities of a similar size with the same main cause include Association for Music and Imagery Inc ($83k), Lake City Music Boosters ($83k) and Parent Booster USA Inc ($83k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 57% of the total. At year end it held assets of $926k against liabilities of $0, net assets of $926k.
Income and spending
Where the income comes from
- Contributions & grants 57%
- Other 43%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Association for Music and Imagery Inc | Arlington | $83k |
| Lake City Music Boosters | Lake City | $83k |
| Parent Booster USA Inc | Collierville | $83k |
| Parent Booster USA Inc | Prosper | $83k |