Expect Hope Worldwide

Analysis

Expect Hope Worldwide is a registered charity in United States, based in Parker, CO. It received its IRS tax-exemption ruling in March 1974, 52 years ago. 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, Expect Hope Worldwide reported income of $948k and spending of $1.1m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $454k to $948k (+109%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Expect Hope Worldwide sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within CO. Charities of a similar size with the same main cause include Your Safe Haven Inc ($948k), John Gilmore Riley Foundation Inc ($948k) and International Visitors Council of Metropolitan Detroit Inc ($948k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $208k (20% of expenses). Other salaries and wages came to $101k. At year end it held assets of $407k against liabilities of $407k, net assets of $0. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.