Houses of Hope International

Analysis

Houses of Hope International is a registered charity in United States, based in Lakeland, FL. It received its IRS tax-exemption ruling in June 2002, 24 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 December 2023, Houses of Hope International reported income of $186k and spending of $308k, spending 165% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $325k to $186k (-43%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 278%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Houses of Hope International sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within FL. Charities of a similar size with the same main cause include Lotus Institute Inc ($186k), 10-40 Project ($186k) and Reach Qalicb Inc ($186k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $21k against liabilities of $8,474, net assets of $13k.