Hope for Israel Relief Fund

Analysis

Hope for Israel Relief Fund is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in May 2010, 16 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 January 2024, Hope for Israel Relief Fund reported income of $137k and spending of $159k, spending 116% of what it took in. Across the 2 years on record, from January 2023 to January 2024, income grew from $134k to $137k (+1.8%), an average of +1.8% a year. Over the whole period it spent 113% 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 Israel Relief Fund sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within VA. Charities of a similar size with the same main cause include Just Mercy ($137k), Kusewera ($137k) and Simple Faith Ministries Inc ($137k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 97% and program service revenue 3.4% of the total. At year end it held assets of $136k against liabilities of $6,433, net assets of $129k.