Hope for Orphans

Analysis

Hope for Orphans is a registered charity in United States, based in Shakopee, MN. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 March 2024, Hope for Orphans reported income of $160k and spending of $158k, spending 98% of its income. Across the 2 years on record, from March 2023 to March 2024, income grew from $133k to $160k (+20%), an average of +20% a year. The sharpest change came in the year to March 2024, when income rose by 20%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope for Orphans sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within MN. Charities of a similar size with the same main cause include Share Community ($160k), California Federation of Womens Clubs ($160k) and Pink Heart Funds ($160k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.