Star of Hope Activity Center Inc

Analysis

Star of Hope Activity Center Inc is a registered charity in United States, based in Coos Bay, OR. It received its IRS tax-exemption ruling in January 1978, 48 years ago. 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 June 2023, Star of Hope Activity Center Inc reported income of $11.9m and spending of $9.4m, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.3m to $11.9m (+88%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Star of Hope Activity Center Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within OR. Charities of a similar size with the same main cause include Midpen Property Management Corporation ($11.9m), Our Lady of the Lake Assumption Community Hospital Inc ($11.9m) and Onegeneration ($11.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $264k (2.8% of expenses). Other salaries and wages came to $6.7m. At year end it held assets of $7.3m against liabilities of $1.7m, net assets of $5.6m. It reported 228 employees.