Hope for Life

Analysis

Hope for Life is a registered charity in United States, based in Hailey, ID. It received its IRS tax-exemption ruling in June 2007, 19 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hope for Life reported income of $268k and spending of $188k, leaving 30% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $217k to $268k (+23%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 129%. Over the whole period it spent 58% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hope for Life 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 60th percentile, and in the 62nd percentile within ID. Charities of a similar size with the same main cause include City of Refuge International Inc ($267k), Restoring Hope International Inc ($268k) and Ukrainian Childrens Aid and Relief ($267k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $486k against liabilities of $0, net assets of $486k.