Hope for Children Ministries

Analysis

Hope for Children Ministries is a registered charity in United States, based in Saint Francis, WI. It received its IRS tax-exemption ruling in November 2017, 9 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 December 2023, Hope for Children Ministries reported income of $302k and spending of $267k, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $244k to $302k (+24%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope for Children Ministries sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within WI. Charities of a similar size with the same main cause include Turnout Inc ($302k), The Preschool at Kapalua ($302k) and Hope Blooms ($301k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.