Hope for Sderot Inc

Analysis

Hope for Sderot Inc is a registered charity in United States, based in Prescott, AZ. It received its IRS tax-exemption ruling in December 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, Hope for Sderot Inc reported income of $139k and spending of $130k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $139k (+56%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 95% 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 Sderot Inc 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 43rd percentile within AZ. Charities of a similar size with the same main cause include Great Oaks International Inc ($139k), City of Refuge Colombia Inc ($139k) and Spandana Foundation ($139k).

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 $12k against liabilities of $0, net assets of $12k.