Gates of Hope Foundation

Analysis

Gates of Hope Foundation is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in November 2011, 15 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, Gates of Hope Foundation reported income of $73k and spending of $56k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $73k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 78% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Gates of Hope Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within ID. Charities of a similar size with the same main cause include Chapin Living Waters Foundation Inc ($73k), Biruks Egg Project Inc ($73k) and Cross Over Community Development ($73k).

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 $97k against liabilities of $0, net assets of $97k.