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Outreach for World Hope Inc

RegisteredEIN 20-2997559Verona, WIOverseas aid and international
Income$384k2023-12
Spending$441ksame year
Spent / received92%5-year average
Size in its cause66th pctOverseas aid and international
Exempt since2005Publicly supported organisat
Employees0latest return

Analysis

Outreach for World Hope Inc is a registered charity in United States, based in Verona, WI. It received its IRS tax-exemption ruling in July 2005, 21 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, Outreach for World Hope Inc reported income of $384k and spending of $441k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $424k to $384k (-9.5%), an average of -2.5% a year. Over the whole period it spent 92% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Outreach for World Hope Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within WI. Charities of a similar size with the same main cause include Franco-American Benevolent Society Inc ($384k), Carha Inc ($384k) and Womens Federation for World Peace Inc ($384k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $40k (9.1% of expenses). At year end it held assets of $481k against liabilities of $20k, net assets of $461k.

Income and spending

$0$114k$229k$343k$458k2019 Income: $424,4222019 Spending: $316,42620192020 Income: $369,9942020 Spending: $296,72020202021 Income: $396,7702021 Spending: $301,29120212022 Income: $391,5972022 Spending: $457,83320222023 Income: $384,1502023 Spending: $441,3502023
IncomeSpending

Where the income comes from

  • Contributions & grants 99%
  • Other 1.3%

Similar-sized charities, same cause

CharityLocationIncome
Franco-American Benevolent Society IncLafayette$384k
Carha IncPort St Lucie$384k
Womens Federation for World Peace IncNew York$384k
Caribbean Medical and Humanitarian Relief CorpGrand Rapids$384k