Restoring Hope International Inc

Analysis

Restoring Hope International Inc is a registered charity in United States, based in Ankeny, IA. It received its IRS tax-exemption ruling in October 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 June 2023, Restoring Hope International Inc reported income of $268k and spending of $358k, spending 134% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $416k to $268k (-36%), an average of -14% a year. The sharpest change came in the year to June 2023, when income dropped by 26%. Over the whole period it spent 110% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Restoring Hope International Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 61st percentile within IA. Charities of a similar size with the same main cause include Hope for Life ($268k), Champions in Action Inc ($268k) and City of Refuge International Inc ($267k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $4,512. At year end it held assets of $250k against liabilities of $43k, net assets of $208k. It reported 1 employees.