African Hope Fund

Analysis

African Hope Fund is a registered charity in United States, based in Elk Grove, CA. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, African Hope Fund reported income of $291k and spending of $282k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $305k to $291k (-4.6%), an average of -2.3% a year. Over the whole period it spent 92% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, African Hope Fund 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 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include The Texas Environmental Health Association ($291k), Friends of Pheasant Branch Conservancy Inc ($291k) and People Against Litter ($291k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (21% of expenses). At year end it held assets of $96k against liabilities of $126, net assets of $96k. It reported 2 employees.