Hope Outreach International

Analysis

Hope Outreach International is a registered charity in United States, based in Oneco, FL. It received its IRS tax-exemption ruling in July 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 (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 Outreach International reported income of $346k and spending of $279k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $294k to $346k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2023, when income rose by 63%. 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, Hope Outreach International sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Casa Viva ($345k), Speak Up Africa ($346k) and Arms of Hope Childrens Home ($345k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $38k (14% of expenses). Other salaries and wages came to $81k. At year end it held assets of $352k against liabilities of $0, net assets of $352k.