Home of Hope International Inc

Analysis

Home of Hope International Inc is a registered charity in United States, based in Bonita SPGS, FL. It received its IRS tax-exemption ruling in October 2006, 20 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 2022, Home of Hope International Inc reported income of $946k and spending of $1.1m, spending 114% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $611k to $946k (+55%), an average of +16% a year. The sharpest change came in the year to December 2020, when income dropped by 100%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Home of Hope International Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Pirate Toy Fund ($946k), Vibrant Faith Ministries ($946k) and Community Spa Mikveh ($946k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $226k. At year end it held assets of $216k against liabilities of $0, net assets of $216k.