Hope of Honduras Inc

Analysis

Hope of Honduras Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in August 2014, 12 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, Hope of Honduras Inc reported income of $302k and spending of $295k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $131k to $302k (+131%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 150%. Over the whole period it spent 111% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hope of Honduras Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Diastole-Hospital Hill Incorporated ($302k), World Partnerships Inc ($302k) and Presbyterian Peace Fellowship ($302k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $87k. At year end it held assets of $390k against liabilities of $329k, net assets of $61k.