Hope International Ministry Inc

Analysis

Hope International Ministry Inc is a registered charity in United States, based in Sugarcreek, OH. It received its IRS tax-exemption ruling in November 2004, 22 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 (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 International Ministry Inc reported income of $413k and spending of $435k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $481k to $413k (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2022, when income rose by 115%. Over the whole period it spent 90% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hope International Ministry Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OH. Charities of a similar size with the same main cause include Latin American Missions Board Inc ($413k), Kota Alliance Inc ($413k) and Love Must Act Inc ($412k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $514k against liabilities of $0, net assets of $514k.