Hope of the Nations Inc

Analysis

Hope of the Nations Inc is a registered charity in United States, based in Woodbridge, CA. It received its IRS tax-exemption ruling in November 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 of the Nations Inc reported income of $650k and spending of $369k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $548k to $650k (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2023, when income rose by 112%. 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 of the Nations Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Yaazoru -Chasdei Binyomin Inc ($650k), Penta Medical Recycling Corp ($651k) and Family Outreach Ministries International Inc ($650k).

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 $48k (13% of expenses). Other salaries and wages came to $25k. At year end it held assets of $375k against liabilities of $0, net assets of $375k. It reported 1 employees.