Interhope Inc

Analysis

Interhope Inc is a registered charity in United States, based in Wabasso, FL. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Interhope Inc reported income of $413k and spending of $430k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $299k to $413k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Interhope Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Shalom of Texas Ministries ($413k), Friends of Odyssey Impact Inc ($413k) and Redeemed Women ($413k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $33k (7.7% of expenses). At year end it held assets of $111k against liabilities of $0, net assets of $111k.