Hope Arising Inc

Analysis

Hope Arising Inc is a registered charity in United States, based in Gilbert, AZ. It received its IRS tax-exemption ruling in May 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 Arising Inc reported income of $157k and spending of $90k, leaving 43% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $552k to $157k (-72%), an average of -34% a year. The sharpest change came in the year to December 2023, when income rose by 141%. Over the whole period it spent 94% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hope Arising Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within AZ. Charities of a similar size with the same main cause include Live Hope Learn Inc ($157k), Amigos de Seattle ($157k) and Ayas Ark Inc ($157k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $9,072. At year end it held assets of $106k against liabilities of $515, net assets of $106k.