Signs for Hope Inc

Analysis

Signs for Hope Inc is a registered charity in United States, based in Fairview, NC. It received its IRS tax-exemption ruling in October 2013, 13 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 2022, Signs for Hope Inc reported income of $120k and spending of $146k, spending 121% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $130k to $120k (-7.6%), an average of -7.6% a year. Over the whole period it spent 113% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Signs for Hope Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within NC. Charities of a similar size with the same main cause include Southwest Jewish Congress ($120k), Missions for Humanity Inc ($120k) and Jacksonville Sister Cities Assoc Inc ($120k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 82% and program service revenue 2.6% of the total. At year end it held assets of $67k against liabilities of $16k, net assets of $51k.