Raining Hope Incorporated

Analysis

Raining Hope Incorporated is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in December 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, Raining Hope Incorporated reported income of $63k and spending of $77k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $64k to $63k (-2.6%), an average of -2.6% a year. Over the whole period it spent 116% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Raining Hope Incorporated sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include Heritage of Jacob Peru Mission ($63k), Strong Harvest International ($63k) and Ukraine Childrens Aid Fund Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,230 against liabilities of $0, net assets of $1,230.