Alliance for Hope International

Analysis

Alliance for Hope International is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Alliance for Hope International reported income of $2.8m and spending of $2.8m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.8m to $2.8m (-59%), an average of -20% a year. The sharpest change came in the year to December 2020, when income dropped by 44%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Alliance for Hope International sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Vitalogy Foundation ($2.8m), Greater Alliance Foundation Inc ($2.8m) and Community Foundation of Fayette County Pennsylvania ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $378k (13% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.6m against liabilities of $1.8m, net assets of $800k. It reported 27 employees.