Clinics of Hope Inc

Analysis

Clinics of Hope Inc is a registered charity in United States, based in Pawtucket, RI. It received its IRS tax-exemption ruling in July 2006, 20 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 hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Clinics of Hope Inc reported income of $60k and spending of $84k, spending 141% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $95k to $60k (-37%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 93% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Clinics of Hope Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within RI. Charities of a similar size with the same main cause include Serving Christ Ministries Inc ($60k), Kipsongo Project Inc ($60k) and India Group Corporation ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.