Hope for West Africa Foundation Inc

Analysis

Hope for West Africa Foundation Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 West Africa Foundation Inc reported income of $170k and spending of $160k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $170k (+184%), an average of +184% a year. The sharpest change came in the year to December 2023, when income rose by 184%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope for West Africa Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within MD. Charities of a similar size with the same main cause include NMF Housing IV ($170k), Nami Queens-Nassau Inc ($170k) and The Pray Family Foundation ($170k).

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 $39k against liabilities of $0, net assets of $39k.