Hope Helping Other People Foundation Inc

Analysis

Hope Helping Other People Foundation Inc is a registered charity in United States, based in Yonkers, NY. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hope Helping Other People Foundation Inc reported income of $311k and spending of $164k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $103k to $311k (+204%), an average of +32% a year. The sharpest change came in the year to December 2022, when income rose by 313%. Over the whole period it spent 75% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hope Helping Other People Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Infragard National Members Alliance Inc ($311k), Friendly Water for the World ($312k) and Prince of Peace Ministries Inc ($311k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $377k against liabilities of $0, net assets of $377k.