Impact of Hope International

Analysis

Impact of Hope International is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in January 2009, 17 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, Impact of Hope International reported income of $340k and spending of $410k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $120k to $340k (+184%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 144%. Over the whole period it spent 103% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Impact of Hope International sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within NC. Charities of a similar size with the same main cause include Baptist Immigration Center ($339k), Sorphan ($340k) and Bui Family Union Bfu-Usa ($339k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $275k against liabilities of $631, net assets of $274k.