Village of Hope Inc
Analysis
Village of Hope Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in June 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, Village of Hope Inc reported income of $1.3m and spending of $1.8m, spending 142% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.3m (+8.6%), an average of +2.1% a year. The sharpest change came in the year to December 2022, when income rose by 103%. Over the whole period it spent 87% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Village of Hope Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Friends of Caritas Cubana Corporation ($1.3m), Institute for Science & International Security ($1.3m) and Vibha Inc Help Them Grow ($1.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $48k (2.7% of expenses). At year end it held assets of $1.4m against liabilities of $5,390, net assets of $1.4m. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Other 3.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Friends of Caritas Cubana Corporation | Cambridge | $1.3m |
| Institute for Science & International Security | Washington | $1.3m |
| Vibha Inc Help Them Grow | Sunnyvale | $1.3m |
| Global Infusion Inc | Knoxville | $1.3m |