Hope 2 Liberia Inc

Analysis

Hope 2 Liberia Inc is a registered charity in United States, based in Muncie, IN. It received its IRS tax-exemption ruling in April 2010, 16 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, Hope 2 Liberia Inc reported income of $341k and spending of $514k, spending 151% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $495k to $341k (-31%), an average of -8.9% a year. The sharpest change came in the year to December 2020, when income rose by 180%. Over the whole period it spent 74% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hope 2 Liberia Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IN. Charities of a similar size with the same main cause include Humanility ($341k), International Aid Inc ($341k) and Swat Relief Initiative Inc ($341k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 29% of the total. Other salaries and wages came to $105k. At year end it held assets of $907k against liabilities of $2,544, net assets of $905k. It reported 5 employees.