Hope for the Child Incorporated

Analysis

Hope for the Child Incorporated is a registered charity in United States, based in Lonsdale, MN. It received its IRS tax-exemption ruling in April 2008, 18 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 for the Child Incorporated reported income of $70k and spending of $63k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $85k to $70k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 104% 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 the Child Incorporated sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within MN. Charities of a similar size with the same main cause include Kindness Abroad Foundation Inc ($70k), Charles Martel Society ($70k) and Haiti Companions Inc ($70k).

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 $7,197 against liabilities of $0, net assets of $7,197.