Hope for Honduran Children Foundation

Analysis

Hope for Honduran Children Foundation is a registered charity in United States, based in Shaker HTS, OH. It received its IRS tax-exemption ruling in May 2006, 20 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, Hope for Honduran Children Foundation reported income of $201k and spending of $209k, spending 104% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $189k to $201k (+6.4%), an average of +1.2% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hope for Honduran Children Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within OH. Charities of a similar size with the same main cause include Edna Rosenfield Bekenstein Trust 045500 ($201k), Nishtar Alumni of North America - Nana ($201k) and Daniel Keating Foundation ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $42k (20% of expenses). At year end it held assets of $743k against liabilities of $0, net assets of $743k. It reported 1 employees.