Christian Hope Association

Analysis

Christian Hope Association is a registered charity in United States, based in Lynden, WA. It received its IRS tax-exemption ruling in April 1970, 56 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Christian Hope Association reported income of $1.6m and spending of $1.5m, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $1.5m to $1.6m (+7.4%), an average of +7.4% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christian Hope Association sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within WA. Charities of a similar size with the same main cause include International Center Inc ($1.6m), Albany State University Foundation Inc ($1.6m) and Youth Service Bureau of St Tammany ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $88k (5.7% of expenses). Other salaries and wages came to $510k. At year end it held assets of $3.6m against liabilities of $51k, net assets of $3.6m. It reported 26 employees.