Global Hope India

Analysis

Global Hope India is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in December 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Global Hope India reported income of $741k and spending of $746k, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $801k to $741k (-7.4%), an average of -2.5% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Global Hope India sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include Arkansas Farm Bureau Foundation ($741k), My Warriors Place Inc ($741k) and Pontiac Meals on Wheels Foundation ($741k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 25% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $46k (6.2% of expenses). Other salaries and wages came to $33k. At year end it held assets of $62k against liabilities of $0, net assets of $62k. It reported 3 employees.