Hope Center of Pratt Kansas Inc

Analysis

Hope Center of Pratt Kansas Inc is a registered charity in United States, based in Pratt, KS. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Hope Center of Pratt Kansas Inc reported income of $248k and spending of $234k, spending 94% of its income. Across the 3 years on record, from August 2021 to August 2023, income grew from $206k to $248k (+20%), an average of +9.8% a year. The sharpest change came in the year to August 2023, when income rose by 27%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Center of Pratt Kansas Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within KS. Charities of a similar size with the same main cause include Stoneworks International Inc ($248k), Fauquier Education Farm Inc ($248k) and Streator Area United Way Inc ($248k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $66k (28% of expenses). At year end it held assets of $257k against liabilities of $0, net assets of $257k. It reported 1 employees.