Worldhope US Inc

Analysis

Worldhope US Inc is a registered charity in United States, based in Oak Brook, IL. 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 January 2024, Worldhope US Inc reported income of $138k and spending of $104k, leaving 24% of income unspent that year. Across the 2 years on record, from January 2023 to January 2024, income grew from $108k to $138k (+27%), an average of +27% a year. The sharpest change came in the year to January 2024, when income rose by 27%. Over the whole period it spent 81% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Worldhope US Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within IL. Charities of a similar size with the same main cause include Hansi Ministries ($138k), Peoples Rights Fund Inc ($138k) and M&g Etomi Foundation ($138k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.